A shareholder owning 100 shares of stock is voting for the board of directors who are elected by cumulative voting.How many votes did the shareholder cast for Director 'A' if four directors are to be elected and the maximum number of votes were cast for 'A'?
A) 25
B) 100
C) 200
D) 400

Question

Quizplus · Accepted Answer

In cumulative voting, a shareholder can allocate all their votes to one candidate. With 100 shares and 4 directors to be elected, the shareholder has 100 x 4 = 400 votes, which can all be cast for Director 'A'.

A Shareholder Owning 100 Shares of Stock Is Voting for the Board