Cumulative Voting Is Permitted So the Majority of Shareholders Can

question 21

True/False

Cumulative voting is permitted so the majority of shareholders can keep control of the board of directors.

---

Definitions:

Hemolyzed

Describing the process or state where red blood cells have been broken down, releasing their contents into the surrounding fluid.

Crenated

A term describing cells, particularly red blood cells, that have a notched or scalloped surface, often resulting from being in a hypertonic solution.

Phagocytized

The process in which cells (usually specialized immune cells) engulf and digest extracellular particles or microorganisms, often as part of the immune response.

Vesicular Transport

The movement of molecules across cellular membranes within membrane-bound sacs called vesicles.