What Type of Voting Does a Corporation Have If There

question 120

Multiple Choice

What type of voting does a corporation have if there are two directors to elect and Director Jones received 50 votes from a shareholder who owns 100 shares?

• A) Majority voting
• B) Cumulative voting
• C) Supermajority voting
• D) Cannot tell voting type from given information

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Definitions:

Public Commitments

Declarations or promises made by individuals or organizations in a public or formal setting, indicating their intention to engage in specific actions or behaviors.

Statements Of Commitment

Pronouncements or declarations that express one's intention to be dedicated to a cause, task, or relationship.

Rationale

A fundamental reason or the logic underpinning a belief, action, or argument.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.