Given That There Are 4,000,000 Shares Outstanding in a Corporation,how

question 44

Multiple Choice

Given that there are 4,000,000 shares outstanding in a corporation,how many shares will be required for a minority group of shareholders to elect 3 of the 11 members on the board of directors? (Assume cumulative voting required)

• A) 800,001
• B) 1,000,001
• C) 1,090,910
• D) 1,000,000

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Definitions:

Cognitive Impairment

A broad term describing any characteristic that acts as a barrier to the thought process, including memory loss, difficulty in learning new tasks, or making decisions.

Physical Exercise

Any physical activity that improves or sustains physical well-being and general health.

Stereotype Threat

The risk of confirming negative stereotypes about one's social group, which can hinder performance in various domains, such as academics.

Cognitive Abilities

refer to the mental skills that are part of the brain's executive functions, including memory, attention, perception, and problem-solving.