Cumulative voting gives each share of stock a number of votes equal to the number of directors being elected to the board.

Name: Cumulative voting gives each share of stock a number of votes equal to the number of directors being elected to the board.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In cumulative voting, a shareholder can allocate their votes to a single candidate or divide them among multiple candidates, with the total number of votes equal to the number of shares owned multiplied by the number of directors being elected.

Cumulative Voting Gives Each Share of Stock a Number of Votes