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Suppose Lisa owns 1,000 shares of a corporation. Assume that four directors are to be elected to the ...

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Suppose Lisa owns 1,000 shares of a corporation. Assume that four directors are to be elected to the ...

Suppose Lisa owns 1,000 shares of a corporation. Assume that four directors are to be elected to the board. With ________ voting, Lisa can multiply the number of shares she owns (1,000) by the number of directors to be elected (four), and she can cast all the resulting votes (4,000) for one candidate or split them among candidates as she determines.
A) supramajority
B) noncumulative
C) cumulative
D) preemptive

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Legal Environment of Business: Online Commerce, Ethics, and Global Issues

Edition: 8^th

Author: Cheeseman

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