Multiple Choice
You are a shareholder in Trees N Things (TNT) and you would like to elect 6 of the 11 members of the Board of Directors.If there are 3.5 million shares outstanding what is the minimum number of shares required to elect your slate of directors under cumulative voting?
A) 2,000,001
B) 3,000,001
C) 1,909,091
D) 1,750,001
Correct Answer:
Verified
Correct Answer:
Verified
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