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Solve the equation.
Cumulative Voting
A voting system that allows shareholders to concentrate their votes on a single candidate for the board of directors.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make major decisions for a company.
Preferred Stock
A class of ownership in a corporation with a fixed dividend that must be paid out before dividends to common stockholders and which typically does not have voting rights.
Ownership Interest
Refers to the rights and stake a person holds in a particular asset or business, often entailing voting rights and a share in the profits.
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