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A Corporation Has 2,000 Shares Outstanding, and 6 Directors Are

Question 6

Multiple Choice

A corporation has 2,000 shares outstanding, and 6 directors are up for election. The stock features cumulative voting. About how many shares do you have to own to guarantee electing at least yourself to one position on the board of directors (ignoring possible ties) ?


A) 1,000.
B) 333.
C) 287.
D) 1,715.
E) 343.

Correct Answer:

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