Regarding the Election of Directors

question 30

Multiple Choice

Regarding the election of directors:

• A) under the Revised Act, directors are elected by a majority of the votes.
• B) cumulative voting is a right of shareholders in all states.
• C) cumulative voting permits minority shareholders to obtain majority representation on the board.
• D) under straight voting, shareholders owning a majority of the voting shares can always elect the entire board of directors.