Examlex

Solved

Due to the Complexity of Setup and the Potential for Burns,what

question 5

Multiple Choice

Due to the complexity of setup and the potential for burns,what method is infrequently used?


Definitions:

Cumulative Voting

A voting system used in corporate elections, allowing shareholders to concentrate all their votes on one candidate rather than spreading them out, enhancing minority shareholders' representation.

Straight Voting

A voting method in corporate elections allowing shareholders to cast all their votes for a single candidate for each available position.

Minority Shareholders

Shareholders who own a smaller portion of a company's shares and typically do not have control or significant influence over company decisions.

Ordinary Proxy

A standard proxy that grants another individual the right to vote shares on behalf of the shareholder at a company's annual meeting.

Related Questions