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The purpose of cumulative voting is Question 56 options: to maintain majority control of the board of directors. to allow minority stockholders the possibility of
The purpose of cumulative voting is
Question 56 options:
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to maintain majority control of the board of directors.
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to allow minority stockholders the possibility of a voice on the board of directors.
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to prevent the dilution of common stock through preemptive rights offerings.
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to obstruct unfriendly mergers and takeover efforts.
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