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You want a seat on the board of directors of Four Keys, Incorporated. The company has 240,000 shares of stock outstanding and the stock sells
You want a seat on the board of directors of Four Keys, Incorporated. The company has 240,000 shares of stock outstanding and the stock sells for $79 per share. There are currently 4 seats up for election. The company uses straight voting. How many shares do you need to guarantee that you will be elected to the board?
84,001 shares
60,000 shares
108,001 shares
120,001 shares
48,001 shares
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