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Cumulative voting is the type of voting where directors are elected all at once and each...

Cumulative voting is the type of voting where directors are elected all at once and each share of stock allows the shareholder a number of votes equal to the number of directors being elected.

True or False?

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Answer #1

in cumulative voting, the shareholder can give all of his votes to one candidate or he can divide his votes among several candidates. It is a highly flexible method of voting.

Each share of stock will be allowing share holder to only one vote and he can vote it to whoever he want, so it is not about that each share of stock will allow the shareholder number of votes equal to the number of directors being elected.

The given statement about cumulative voting is not true

The given statement is FALSE.

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