Through straight (noncumulative)voting,a majority shareholder can elect the entire board of directors.

Name: Through straight (noncumulative)voting,a majority shareholder can elect the entire board of directors.
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Question

Quizplus · Accepted Answer

In straight (noncumulative) voting, each shareholder can vote for the exact number of directors as there are open positions. This means that a majority shareholder can indeed elect the entire board of directors by casting all of their votes for their chosen candidates.

Through Straight (Noncumulative)voting,a Majority Shareholder Can Elect the Entire Board