A fiRm Has 200,000 Shares Outstanding

question 320

Multiple Choice

A firm has 200,000 shares outstanding. If three directors will be elected, how many shares do you need to control to assure yourself a seat on the board under cumulative voting procedures?

• A) 30,001
• B) 40,001
• C) 50,001
• D) 66,668
• E) 100,001

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Definitions:

Immigration

The action of coming to live permanently in a foreign country, often involving complex social, economic, and legal processes.

Restrictions

Restrictions are limitations or rules set in place to regulate actions or prevent certain activities or behaviors from occurring.

Racial Stereotypes

Generalized beliefs or opinions about the characteristics, attributes, and behaviors of members of certain racial groups.

Vicious Circle Of Racism

A cycle in which racial stereotypes and prejudices are perpetuated, leading to discrimination and social inequalities that reinforce existing racial biases.