An Arrangement in Which the Shareholders Transfer Their Stock Certificates

question 4

Multiple Choice

An arrangement in which the shareholders transfer their stock certificates to a trustee who is empowered to vote the shares is known as ________.

• A) supramajority voting
• B) voting trust
• C) cumulative voting
• D) noncumulative voting

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Definitions:

Jamestown Settlers

The first permanent English settlers in North America, who established Jamestown Colony in Virginia in 1607.

Massachusetts

A state in the northeastern United States, one of the original 13 colonies, known for its significant historical events, higher education institutions, and technological innovation.

Indian Tribes

Socially, culturally, and politically distinct groups recognized by the United States as sovereign entities with various rights and responsibilities.