A System in Which a Shareholder Can Accumulate All of His

question 29

Short Answer

A system in which a shareholder can accumulate all of his or her votes and vote them all for one candidate or split them among several candidates is known as ________.

---

Definitions:

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefits to society from a market transaction.

Private Value

The individual valuation of a good or service to a particular consumer or producer, not taking into account external effects or social welfare.

External Benefits

Positive effects of a product or service on individuals or entities who are not directly involved in the transaction or production of the product or service.

External Benefit

A positive effect or advantage that results from a product or service's use, affecting individuals or entities who are not directly involved in the transaction.