A Firm Has Two Open Positions on Its Board of Directors.How

question 1

Multiple Choice

A firm has two open positions on its board of directors.How many shares do you need to own to guarantee your own election to the board if the firm has 12,500 shares of stock outstanding and uses cumulative voting? Each share is granted one vote.

• A)3,334 shares
• B)4,168 shares
• C)5,251 shares
• D)5,501 shares
• E)6,251 shares

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Definitions:

Euclidean Rhythm

A mathematical algorithm that evenly distributes a specified number of beats or pulses across a larger number of time slots, often used in music composition.

Phi Effect

A perceptual illusion where stationary objects shown in rapid succession are perceived as moving, used to explain motion in cinema and animations.

Binocular Rivalry

A phenomenon of visual perception in which perception alternates between different images presented to each eye.

Spatial Neglect

A neurological disorder characterized by a lack of awareness of one side of space, often after a brain injury.