Multiple Choice
Coase Corp. has 10,000,000 outstanding shares. There are 11 directors on the firm's board. The Becker family owns 2,300,000 shares of Coase Corp. How many directors can the Becker family be assured of electing by themselves if Coase Corp. uses majority voting?
A) Zero
B) One
C) Two
D) Three
Correct Answer:
Verified
Correct Answer:
Verified
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