Which Voting System Is Most Friendly Towards Minority Shareholders

question 29

Multiple Choice

Which voting system is most friendly towards minority shareholders?

• A)Majority voting
• B)Cumulative voting
• C)Straight voting
• D)Dual-class share voting

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Definitions:

Unit Cost

Unit cost is the total expense incurred to produce, store, and sell one unit of a product or service, including both fixed and variable costs.

Operating Profit

Income from business operations after operating expenses are subtracted from gross profits, but before taxes and interest expenses.

Operating Expense

ongoing costs for running a product, business, or system.

Operating Profit

The earnings of a business from its core operations, excluding the effects of interest and taxes.