There Are 5 Seats Open on the Board of Directors

question 223

Multiple Choice

There are 5 seats open on the board of directors of Alpha, Inc. Jason wants to be positive that he can be elected to one of these positions. Alpha uses straight voting. There are 1,500 shares of
Alpha stock outstanding. Twenty% of the shares are owned by Midge, 30% are owned by Peter, 10%
Are owned by Jeff, 25% are owned by Jason and the rest are owned by Edward. How many
Additional shares of stock must Jason buy to ensure that he wins a seat?

• A) 0
• B) 251
• C) 298
• D) 376
• E) 411

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Definitions:

Acid-base Imbalances

A disruption in the equilibrium of the body's acid and base levels, which can significantly affect bodily functions.

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into cells.

Dialysis

Dialysis is a medical process that removes waste products and excess fluid from the blood when the kidneys are not able to perform these functions naturally.

Chronic Obstructive Pulmonary Disease (COPD)

A group of progressive lung diseases, including emphysema and chronic bronchitis, characterized by long-term breathing problems.