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victus00 [196]
3 years ago
14

Fgaray2609 CONGRAT ON YOU BRAINLEST ANSWER IN ART

Arts
2 answers:
Debora [2.8K]3 years ago
7 0
Aww Tysm that’s sweet
Mademuasel [1]3 years ago
3 0
Congrats & Free points
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Answer and Explanation:

1. If the company uses cumulative voting, I will be able represented by 2 directors on the board because I own 20% of the stock of the company. Since there are 10 seats (for 10 directors) on the board, I will be represented by: (20 ÷ 100) × 10 = 2 directors.

2. If the company uses straight voting, then I shall be entitled to vote for only one candidate per each of the 10 seats for the positions of board of directors. However, the number of seats I will be represented by will depend on the winner for each seat or position of director. In straight voting, if someone else owns a higher stock than me, the person can easily defeat the people I would vote for, and control the entire 10 seats on the board, thus leaving me with no representation (seats or directors).

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