If Cumulative Voting Is Permitted

question 41

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.
• E)None of the above.

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Definitions:

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