Mike is a shareholder of Natural Gas, Inc. Natural Gas uses cumulative voting to elect directors. This means that the number of Mike's votes is determined by the number of
A) years that he has been a shareholder.
B) members of the board to be elected multiplied by the total number of voting shares that he holds.
C) shareholders present at the shareholders' meeting.
D) shareholders' meetings that he has attended.
Correct Answer:
Verified
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