Pam owns 800 of the 2,000 issued and outstanding shares of Antelope Corporation. There are

five members of the board of directors, three of whom are up for election at a shareholders'
meeting.

If each share of stock is entitled to one vote, what is the maximum number of votes
that Pam can cast for any one of the candidates for the positions on the board under cumulative
voting?
A) 2,400 B) 6,000 C) 800 D) 4,000 E) 2,000

A

Business

You might also like to view...

Provide three examples of operations management decision problems for which linear programming can be useful, and why

What will be an ideal response?

Business

What are the tradeoffs when choosing fixed vs. variable length character types?

What will be an ideal response?

Business