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An investor owns shares as a firms stock and wants to be elected to the companies Board of Directors. There are 1 0 0 ,
An investor owns shares as a firms stock and wants to be elected to the companies Board of Directors. There are shares of stock. Outstanding in each chair is grained one vote for each open position on the board. Presently the company is voting to elect two new directors investor can be assured of her election.
a if Cumulative voting applies and she owns of the shares plus one additional share.
B Only if cumulative voting applies, and she owns the majority of the shares.
C If straight voting applies, and she owns at least of the shares plus one additional share.
D If voting applies and she owns of the shares plus one additional share.
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