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CH14. 4 The shareholders of the Pickwick Paper Company need to elect ten directors. There are 300,000 shares outstanding. A. What is the minimum number

CH14. 4

The shareholders of the Pickwick Paper Company need to elect ten directors. There are 300,000 shares outstanding.

A. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has majority voting?

B. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has cumulative voting?

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