Which of the Following Statements About Common Stock Voting Is

question 97

Multiple Choice

Which of the following statements about common stock voting is (are) correct?
I. Majority voting typically prohibits a group of stockholders with a minority viewpoint from having any representation on the board.
II. Cumulative voting allows each share of stock to represent as many votes as there are directors to be elected.

• A) Only statement I is correct.
• B) Only statement II is correct.
• C) Both statements I and II are correct.
• D) Neither statement I nor II is correct.

---

Definitions:

Output Per Head

The average production of goods and services per individual in a specific period, typically used to measure labor productivity.

Accelerated

A process or rate that increases speed or velocity, often used in various contexts such as economic growth or depreciation.

Industrial Revolution

The period of major industrialization that took place during the late 1700s and early 1800s, significantly changing the economy, society, and culture of the time through advancements in technology.

Technological Change

The process of innovation and development in technology, leading to new products, improved processes, and increased efficiency.