Sharpe Products Has 1 Million Outstanding Shares and 7 Directors

question 57

Multiple Choice

Sharpe Products has 1 million outstanding shares and 7 directors to be elected. Cumulonimbus Holdings owns 200,000 shares of Sharpe. How many directors can Cumulonimbus elect with cumulative voting?

• A) 0
• B) 1
• C) 2
• D) 3

---

Definitions:

Stress Management

Techniques and strategies for handling stress in an effective manner to maintain personal and professional well-being.

Nutritious Diet

A diet that provides all the necessary nutrients required for healthy body functions.

Telecommuting

Refers to the practice of working from a remote location outside of a traditional office environment, often from home, utilizing digital communication tools.

Non-Work Distractions

Interruptions or diversions that take an individual's focus away from their occupational tasks, often affecting productivity.