Cumulative Voting Gives a Minority Shareholder a Better Chance to Elect

question 48

True/False

Cumulative voting gives a minority shareholder a better chance to elect someone to the board of directors.

---

Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between two or more options.

Market Price

The value of a good or service determined by the supply and demand within a competitive marketplace.

Corn Rises

An increase in the market price of corn, which can be due to various factors such as supply constraints, increased demand, or external market conditions.

Opportunity Cost

Sacrificing the possible benefits of various alternatives by selecting a specific choice.