There Are Three Directors' Seats Up for Election

question 49

Multiple Choice

There are three directors' seats up for election.If you own 1,000 shares of stock and have been granted a total of 3,000 votes to cast in a single election,then the firm uses the voting procedure referred to as:

• A)cumulative voting.
• B)absolute priority voting.
• C)sequential voting.
• D)straight voting.
• E)market share voting.

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Definitions:

Structural-functionalism

A sociological theory that views society as a complex system whose parts work together to promote stability and integrity.

Conflict Theory

A sociological perspective that views social life as a competition, and focuses on the distribution of resources, power, and inequality within a society.

Marxism

A socio-political and economic ideology based on the works of Karl Marx, focusing on class struggle, the critique of capitalism, and the advocacy for a classless society.

Exemplary Character

Relates to individuals or actions serving as ideal examples or models in moral, ethical, or social contexts.