Mary Acquaah owns 4,000 shares of stock in Delta Chili and wants to win a seat on the board of directors. The firm has a total of 17,000 shares of stock outstanding. Each share receives one vote. Presently, the company is voting to elect three new directors. Which one of the following statements must be true given this information? If cumulative voting applies, Mary is assured of one seat on the board. Regardless of whether straight voting or cumulative voting applies, Mary cannot guarantee herself a seat on the board. If straight voting method applies, Mary can guarantee herself one seat on the board. If cumulative voting applies, Mary can control the entire board