Mike Is a Shareholder of NatGas, Inc

question 60

Multiple Choice

Mike is a shareholder of NatGas, Inc. NatGas uses cumulative voting to elect directors. This means that the number of Mike's votes is determined by the number of​

• A) ​years that he has been a shareholder.
• B) ​members of the board to be elected multiplied by the total number of voting shares that he holds.
• C) ​shareholders present at the shareholders' meeting.
• D) ​shareholders' meetings that he has attended.

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Definitions:

Cognitive Development

The process by which a person's ability to think, reason, perceive relationships, and solve problems emerges and evolves over time.

Sensorimotor

A stage in Piaget's theory of cognitive development where infants learn to interact with their environment through sensory experiences and motor actions.

Formal Operations

The stage in Piaget's theory of cognitive development (typically beginning at age 12) where individuals can think abstractly and reason logically.

8 Months Old

Refers to the developmental stage of infants who are eight months of age, often marked by significant milestones in mobility, cognitive, and social growth.