Tunso Corp. has 1,000 shares of stock outstanding that are permitted to vote for directors. If Tunso Corp. permits cumulative voting, a minority shareholder would need to vote how many shares to elect one of three directors?

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In cumulative voting, a shareholder can allocate all their votes to one candidate. To ensure election of one director, a minority shareholder needs more than 1/(number of directors + 1) of the total votes. With 3 directors, this is 1/4 of 1000 shares, plus one share, totaling 251 shares.