If you own 1,000 shares of stock and you can cast only 1,000 votes for a particular director,then the stock features:
A) cumulative voting.
B) absolute priority voting.
C) sequential voting.
D) straight voting.
E) None of these.

Question

Quizplus · Accepted Answer

Straight voting is when each share of stock receives one vote and the shareholder can distribute those votes among the candidates as they see fit. In this case, since the shareholder only has 1,000 shares and can only cast 1,000 votes for a particular director, it is an example of straight voting. None of the other options apply in this scenario.

If You Own 1,000 Shares of Stock and You Can