Which of the following is true of cumulative voting?

A. Each shareholder votes the number of shares he or she owns on candidates for each of the positions open for election.
B. A majority shareholder always elects the entire board of directors.
C. The cumulative voting method always applies to elections for the board of directors.
D. A minority shareholder has a better opportunity to elect someone to the board of directors.


Answer: D

Business

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