Question

Nikki and Jim own a corporation together. Nikki owns forty-eight shares of stock and Jim owns fifty-two. They consider themselves investors, so they elect a board of three directors to oversee the business. To ensure that Nikki can elect at least one director, the corporation should___________.

Answer 1

Answer:

Cumulative voting

Explanation:

Cumulative voting is a kind of voting system that fortifies the capacity of minority investors to choose a leader or a director. This strategy enables investors to cast the entirety of their decisions in favour of a solitary candidate for the directorate when the organisation has different openings on its board.