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Midland Petroleum is holding a stockholders' meeting next month. Ms . Ramsey is the president of the company and has the support of the existing
Midland Petroleum is holding a stockholders' meeting next month. Ms Ramsey is the president of the company and has the support of the existing board of directors. All members of the board are up for reelection. Mr Clark is a dissident stockholder. He controls proxies for shares. Ms Ramsey and her friends on the board control shares. Other stockholders, whose loyalties are unknown, will be voting the remaining shares. The company uses cumulative voting.
a How many directors can Mr Clark be sure of electing?
Note: Do not round intermediate calculations. Round down your answer to the nearest whole number.
Number of directors
b How many directors can Ms Ramsey and her friends be sure of electing?
Note: Do not round intermediate calculations. Round down your answer to the nearest whole number.
Number of directors
c How many directors could Mr Clark elect if he obtains all the proxies for the uncommitted votes?
Note: Do not round intermediate calculations. Round down your answer to the nearest whole number.
Number of directors
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