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If a stockholder owns more than 50 percent of the shares under cumulative voting, he/she can be assured to elect the entire board members. True
If a stockholder owns more than 50 percent of the shares under cumulative voting, he/she can be assured to elect the entire board members.
True
False
Stockholders are residual claimants.
True
False
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
