Which of the Following Statements Is True with Respect to Cumulative

question 23

Multiple Choice

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

• A) Cumulative voting permits multiple votes for a single director.
• B) Cumulative voting gives minority 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 600 votes for one director and none for the others.
• D) all of the other answers are correct

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Definitions:

Andes

A major mountain range in South America that extends over 7,000 km, known for its volcanic activity and diverse ecosystems.

Continental Shelf

The extended perimeter of each continent, lying relatively shallow in the ocean, where the seabed is at a gentle slope before a steep drop off to the ocean floor.

Passive Margin

The transition between oceanic and continental lithosphere that is not an active plate boundary.

Oceanic Crust

The relatively thin part of the Earth's crust that underlies the ocean basins, composed mostly of basalt and gab-bro.