Each director present at a meeting of the board of directors has one vote for each outstanding share of corporate stock that he or she holds.

Name: Each director present at a meeting of the board of directors has one vote for each outstanding share of corporate stock that he or she holds.
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Question

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In a board of directors meeting, each director typically has one vote regardless of the number of shares they hold. Voting power based on shares is usually applicable to shareholders' meetings, not board meetings.

Each Director Present at a Meeting of the Board of Directors