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:

Degrees of Freedom

The number of independent values or quantities that can be assigned to a statistical distribution or a parameter estimation, subtracting the number of parameters estimated.

Correlation Coefficients

Numeric measures that describe the strength and direction of the relationship between two variables.

Direct Correlation

A statistical relationship between two variables where both variables move in the same direction.

Nondirectional Correlation

Nondirectional correlation describes the relationship between two variables without specifying whether the relationship is positive or negative, indicating only that a correlation exists.