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A Corporation Has 2,000 Shares Outstanding, and 6 Directors Are

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A corporation has 2,000 shares outstanding, and 6 directors are up for election. The stock features cumulative voting. About how many shares do you have to own to guarantee electing at least yourself to one position on the board of directors (ignoring possible ties) ?


Definitions:

Typological Approach

A method of studying personality that focuses on the classification of individuals into distinct types based on shared traits or characteristics.

Trait Approach

A perspective in psychology that focuses on the identification and measurement of specific characteristics that vary between individuals.

Empirical Support

Evidence-based confirmation or backing that comes from observation, experimentation, or direct experience rather than from theory or belief.

Myers-Briggs Type Indicator

A personality assessment that categorizes individuals into 16 distinct personality types based on preferences in perception and judgment.

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