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14.1 The shareholders of XYZ Company have cumulative voting rights. The company is planning to elect 3 directors. There are 10,000 shares outstanding. You are

14.1 The shareholders of XYZ Company have cumulative voting rights. The company is planning to elect 3 directors. There are 10,000 shares outstanding. You are running for director. How many do you need to own to be sure you can be elected? A. 3,334 shares (1/3 of the shares +1)

B. 5,001 shares (1/2 of the shares + 1)

C. 10,000 shares

D. None of the above

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