A Shareholder Owning 100 Shares of Stock Is Voting for the Board

question 3

Multiple Choice

A shareholder owning 100 shares of stock is voting for the board of directors who are elected by cumulative voting.How many votes did the shareholder cast for Director 'A' if four directors are to be elected and the maximum number of votes was cast for 'A'?

• A)25
• B)100
• C)200
• D)400

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Definitions:

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