8. Midland Petroleum is holding a shareholders meeting next month. Ms. Ramsay is the president of the company and has the support of the existing board of directors. All 11 members of the board are up for reelection. Mr. Tbone Pickens is a dissident shareholder. He controls proxies for 40,001 shares. Ms. Ramsay and her friends on the board control 60,001 shares. Other shareholders, whose loyalties are unknown, will be voting the remaining 19,998 shares. The company uses cumulative voting. a. Hovn.r many directors can Mr. Pickens be sure of electing? b. Hovn.r many directors can Ms. Ramsay and her friends be sure of electing? c. Hovn.r many directors could Mr. Pickens elect if he obtains all the proxies for the uncommitted votes? Will he control the board? 9. In the previous problem, if nine directors were to be elected, and Ms. Ramsay and her friends had 60,001 shares and Mr. Pickens had 40,001 shares plus half the uncommitted votes, how many directors could Mr. Pickens elect