Which of the Following Statements Is True with Respect to Cumulative

question 69

Multiple Choice

Which of the following statements is true with respect to cumulative voting?

• A) Cumulative voting requires 33% of board members to be re-elected every three years.
• B) Cumulative voting gives majority shareholders a better chance of being represented on the board of directors.
• C) If 6 directors are to be elected and you own 100 shares,you may vote all 100 votes for one director and none for the others.
• D) If 6 directors are to be elected and you own 100 shares,you may vote all 600 votes for one director and none for the others.