Which of the Following Statements Is True with Respect to Cumulative

question 32

Multiple Choice

Which of the following statements is true with respect to cumulative voting?

• A) Cumulative voting permits one votes for a single director.
• B) Cumulative voting gives minority shareholders less chance of being represented on the board of directors.
• C) If 6 directors are to be elected and you own 100 shares,you may vote all 600 votes for one director and none for the others.
• D) Cumulative voting allows the voter to add one vote for every share owned.

Understand the formatting and etiquette of business communication.

Identify the standard components of business letters.

Recognize the significance of using the correct date format in business documents.

Understand the correct placement of various elements in business letters.