Regarding the election of directors:
A) under straight voting, shareholders owning a majority of the voting shares can always elect the entire board of directors.
B) cumulative voting permits minority shareholders to obtain majority representation on the board.
C) cumulative voting is a right of shareholders in all states.
D) under the Revised Act, directors are elected by a majority of the votes.

Question

Quizplus · Accepted Answer

Under straight voting, shareholders with a majority of shares can elect the entire board, as each share gets one vote per director position.

Regarding the Election of Directors