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Carl Hubbell owns 5,001 shares of the Piston Corp. There are 18 seats on the company board of directors, and the company has a total
Carl Hubbell owns 5,001 shares of the Piston Corp. There are 18 seats on the company board of directors, and the company has a total of 30,000 shares of stock outstanding. The Piston Corp. utilizes cumulative voting. All 18 seats are up for election next week.
a. How many directors can Mr. Hubbell elect to the board?
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