There Are Five Seats on the Board of Directors of Atlas

question 19

Multiple Choice

There are five seats on the board of directors of Atlas Corp.up for election.The firm has 120,000 shares of stock outstanding and uses cumulative voting.Each share is granted one vote per open seat.How many shares must you control if you want to guarantee your election to the board assuming no one else votes for you?

• A)24,000
• B)23,999
• C)20,001
• D)20,000
• E)24,001

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in places or situations where escape might be difficult or help might not be available.

Specific Phobia

An intense, irrational fear of, or aversion to, a particular object, situation, or activity that poses little to no actual danger.

Social Phobia

A chronic mental health condition also known as social anxiety disorder, where social interactions cause irrational anxiety.

Public Speaking

The act of performing a speech to a live audience with the intent to inform, persuade, or entertain.