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Answer the following. (20 points) a) What is the difference between majority and cumulative voting systems? Mr. Hansen owns 500 shares of the firm, illustrate

Answer the following. (20 points)

a) What is the difference between majority and cumulative voting systems? Mr. Hansen owns 500 shares of the firm, illustrate what voting strategy should he use in the above two voting systems? Should he care about which voting system is used?

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