If Cumulative Voting Is Permitted

question 11

Multiple Choice

If cumulative voting is permitted:

• A) the total number of votes a shareholder has is equal to the number of shares owned.
• B) the total number of votes a shareholder has is equal to the number of shares owned times the average number of years the shareholder has owned the shares.
• C) the total number of votes a shareholder has can be calculated as the number of shares owned times the number of directors to be elected.
• D) the total number of votes a shareholder has is equal to the number of shares times the number of board meetings the shareholder has attended.

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Definitions:

Incident

An event or occurrence, often unexpected, that can have significant consequences or require action.

Closure

The act of concluding or closing something, bringing it to an end or resolution.

Proposals

Documents or presentations that offer a set of ideas, plans, or recommendations for consideration.

General-To-Particular

A method of organization or argumentation that begins with broad generalizations or concepts and narrows down to specific details.