If cumulative voting is permitted:
A) the total number of votes a shareholder has is equal to the number of shares owned.
B) the total number of votes a shareholder has is equal to the number of shares owned times the average number of years the shareholder has owned the shares.
C) the total number of votes a shareholder has can be calculated as the number of shares owned times the number of directors to be elected.
D) the total number of votes a shareholder has is equal to the number of shares times the number of board meetings the shareholder has attended.

Question

Quizplus · Accepted Answer

In cumulative voting, the total number of votes a shareholder has is calculated by multiplying the number of shares they own by the number of directors to be elected. This allows shareholders to allocate their votes in a flexible manner, potentially concentrating them on specific candidates.

If Cumulative Voting Is Permitted