If Three Seats on the Board of Directors Are Up

question 16

Multiple Choice

If three seats on the board of directors are up for election, cumulative voting on common stock allow stockholders to:

• A)cast one vote per share owned for three different candidates.
• B)cast up to three votes per share owned for any one candidate.
• C)save votes from a prior board of directors' election and cast them in the current election.
• D)cumulative voting only applies to preferred stock.
• E)None of the above are true

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Definitions:

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Router

A device used in networking that routes data packets from one computer network to another, managing the flow of internet traffic.

Data Transfer Rate

The speed at which data is transmitted from one device to another, expressed in bits per second (bps) or bytes per second (B/s).

Copper Wire

A type of electrical conductor commonly used in telecommunications and power distribution due to its excellent conductivity.