A Company Has Two Open Seats,Seat a and Seat B,on

question 43

Multiple Choice

A company has two open seats,Seat A and Seat B,on its board of directors.There are 6 candidates vying for these 2 positions.There will be a single election to determine the winner of both open seats.As the owner of 100 shares of stock,you will receive one vote per share for each open seat.You decide to cast all 200 of your votes for a single candidate.What is this type of voting called?

• A)democratic
• B)cumulative
• C)straight
• D)deferred
• E)proxy

---

Definitions:

SEDAR

SEDAR (System for Electronic Document Analysis and Retrieval) is a filing system developed for the Canadian securities industry to facilitate the electronic filing and public dissemination of securities information.

Investment Advisors

Professionals who provide advice on investment decisions, often related to securities such as stocks, bonds, and mutual funds.

Registration Requirement

A legal or regulatory condition mandating the official recording of an item, event, or transaction before it becomes effective or valid.

Financial Market Commentators

Individuals or entities that provide analysis, opinions, or commentary on market trends and financial news.