Apex Corp. has one class of common stock outstanding. Consider a shareholder holding 10% of a firm's outstanding common stock. Which of the following statements is true? Apex Corp. has one class of common stock outstanding. Consider a shareholder holding 10% of a firm's outstanding common stock. Which of the following statements is true?

Under straight voting, if 10 directors are up for a vote, the shareholder can choose one of them.

The shareholder will have more influence on the firm's management if there is cumulative voting.

If the firm pays a dividend of $1.00 per common share, the shareholder will receive $0.10 per share for every share she holds.

The shareholder will not have a vote.