A. Patrimonio is a stockholder of ABC, Inc. which has 30,000 shares outstanding and 50,000 shares of authorized capital stock. There are eleven seats in the board of directors. 7. How many shares and proxies must A. Patrimonio have to be able to elect six of his men to the board of directors? (a). 16,364 (b). 15,001 (c). 25,001 (d). Answer not given 8. How many shares and proxies must A. Patrimonio have to be able to obtain five seats in the board of directors? (a). 12,501 (b). 13,637 (c). 20,835 (d). Answer not given 9. If A. Patrimonio has 5,100 shares and proxies, how many seats in the board of directors can he get? (a). three (b) one (c). two (d). Answer not given 10. Assuming that A. Patrimonio has 18,000 shares and proxies, how many seats can he get? (a). seven (b). six (c). five (d). Answer not given