Which of the following is an example of cumulative voting?
Question 24 options:
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Question 29 (1 point)
A tenant’s exclusive legal possession of leased property is preserved against all others, except for the landlord preserving the property.
Question 29 options:
A) True | |
B) False |
Question 30 (2 points)
A _____ exists when a tenant has possession of a property for a definite period of time.
Question 30 options:
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Answer 24 :- Option D - Dan owns ten shares, and five directors are to be elected, so he receives the right to cast 50 votes
It is an example of cumulative voting. In cumulative voting, each shareholder is entitled to one vote per share multiplied by the number of available director positions. In our case 10 x 5 = 50 votes
Answer 29 :- Option A - True
Because tenant right is only limited to tenancy rights. And landlord has ownership right. So tenant right is preserved against all other but not against landlord in relation to landlord's ownership right.
Answer 30 :- Option B - Tenancy for years.
Tenant for years means lease for a term of certain years, or for a lesser definite period of time.
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