A corporation has 10 outstanding shares.Andy owns 6 shares (60%),while Bill owns 4 (40%)shares of the company.Together they are to elect one director for the company from 10 candidates.Andy casts 6 votes for one candidate,while Bill casts 4 votes for another candidate.The candidate voted for by Andy wins by simple majority of votes and is elected director.This is an example of ________.

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This is an example of straight voting, where each shareholder casts a number of votes equal to the number of shares they own, and the candidate with the majority of votes is elected. Cumulative voting would allow shareholders to combine their votes and concentrate them on one candidate, while supramajority and supermajority voting requirements involve specific thresholds or percentages of votes needed for a candidate to be elected.

A Corporation Has 10 Outstanding Shares