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wolverine [178]
3 years ago
14

Assume a corporation has cumulative voting and there are two directors up for election. What is the minimum number of votes a sh

areholder who owns 100 shares can cast for Candidate Jones if there are a total of 5 candidates?
Business
1 answer:
Rainbow [258]3 years ago
4 0

Answer:

500

Explanation:

Cumulative voting allows a minority shareholder to cast a minimum of 100 times 5 equals 500 votes.

This is supposed to give him as much say in the company as other shareholders as he is able to vote.

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