Suppose You Own 500 Shares of Biogen Common Stock

question 143

Multiple Choice

Suppose you own 500 shares of Biogen common stock. Two directors are to be elected. Since the firm uses cumulative voting, you can cast as many as _____________ votes for a single director.

• A) 100
• B) 250
• C) 500
• D) 750
• E) 1,000

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Definitions:

Cystic Fibrosis

Cystic Fibrosis is a genetic disorder that affects the respiratory and digestive systems, leading to thick mucus production and respiratory infections.

Heterozygous

Having two different alleles for a particular gene, one inherited from each parent.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Independent Assortment

The principle stating that genes for different traits are separated and distributed to gametes independently during meiosis.