The Voting Procedure Where You Must Own 50% Plus One

question 245

Multiple Choice

The voting procedure where you must own 50% plus one of the outstanding shares of stock to guarantee that you will win a seat on the board of directors is called _____ voting.

• A) democratic
• B) cumulative
• C) straight
• D) deferred
• E) proxy

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Definitions:

Comstock Act

A United States federal law passed in 1873 that made it illegal to send any obscene, lewd, and/or lascivious materials through the mail, including contraceptive devices and information.

Mainstream Films

Movies that are produced and distributed by major film studios, reaching a wide audience through commercial theaters.

Lesbian Women

Women who are emotionally, romantically, or sexually attracted to other women.

Gay Men

Males who are emotionally, romantically, or sexually attracted to other men.