elect three new directors. Given this information, which one of the following statements must be true?

Multiple Choice

Regardless of the voting procedure, the investor does not own enough shares to gain a seat on the board.

If straight voting applies, the investor is assured a seat on the board.

If straight voting applies, the investor can control all of the open seats.

If cumulative voting applies, the investor is assured one seat on the board.

If cumulative voting applies, the investor can control all of the open seats.