The Purpose of Cumulative Voting Is

question 50

Multiple Choice

The purpose of cumulative voting is

• A) to maintain majority control of the board of directors.
• B) to allow minority stockholders the possibility of a voice on the board of directors.
• C) to obstruct unfriendly mergers and takeover efforts.
• D) to prevent the dilution of common stock through preemptive rights offerings.

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Definitions:

Trustworthiness

The quality of being reliable, dependable, and worthy of confidence.

Perceived Alternatives

The options or choices perceived by individuals that are available to them in a given situation.

Sternberg's Triangular

A theory developed by Robert Sternberg that suggests love is composed of three components: intimacy, passion, and commitment.

Romantic Love

A deeply emotional and passionate affection towards a partner, often characterized by feelings of attachment, intimacy, and commitment.