Given That There Are 4,000,000 Shares Outstanding in Miller Corp

question 87

Multiple Choice

Given that there are 4,000,000 shares outstanding in Miller Corp., how many shares will be required for a minority group of stockholders to elect two of the nine members on the board of directors? (Assume cumulative voting is required.)

• A) 800,001
• B) 1,000,001
• C) 1,090,910
• D) 888,889

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Definitions:

Electroencephalograph (EEG)

A diagnostic tool that records the electrical activity of the brain using small, flat metal discs attached to the scalp.

Positron-Emission Tomography (PET)

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Brain Activity

The functioning of the brain involving electrical, chemical, and neuronal processes contributing to thoughts, feelings, and behaviors.

Parasympathetic Nervous System

A division of the autonomic nervous system responsible for conserving energy and slowing down the heart rate, among other functions.