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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:

to maintain majority control of the board of directors.

to allow minority stockholders the possibility of a voice on the board of directors.

to prevent the dilution of common stock through preemptive rights offerings.

to obstruct unfriendly mergers and takeover efforts.

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