Cumulative Voting Is the Procedure Whereby a Shareholder

Cumulative voting is the procedure whereby a shareholder:

A) Can authorize another party to vote on his or her behalf.
B) Casts one vote per share of stock owned for each open position on the board of directors.
C) May cast all of his or her votes for one candidate for the board of directors.
D) Who owns preferred stock can cast his or her votes for candidates for the board of directors.
E) Can revote until a majority of the votes are cast for one candidate for each seat on the board of directors.