Multiple Choice
Regarding the election of directors:
A) under the Revised Act, directors are elected by a majority of the votes.
B) cumulative voting is a right of shareholders in all states.
C) cumulative voting permits minority shareholders to obtain majority representation on the board.
D) under straight voting, shareholders owning a majority of the voting shares can always elect the entire board of directors.
Correct Answer:
Verified
Correct Answer:
Verified
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