Pregunta
upstudy study bank question image url

Mary owns 100 shares of stock. Each share entitles her to one vote per open seat on the board of directors. Assume there are three open seats in the current election and Mary casts all 300 of her votes for a single candidate. What is the term used to describe this type of voting? a. Cumulative b. Aggregate c. Proxy d. Condensed e. Straight

Ask by Cole Howell. in the United States
Mar 12,2025

Solución de inteligencia artificial de Upstudy

Respuesta verificada por el tutor

Responder

Mary is using **Cumulative Voting** by casting all her votes for one candidate.

Solución

In this scenario, Mary is casting all of her votes for a single candidate in an election where she has multiple votes to distribute. This type of voting is known as "Cumulative Voting." Cumulative voting allows shareholders to allocate their votes in any way they choose among the candidates, including giving all votes to one candidate. Therefore, the correct answer is: **a. Cumulative**

Respondido por UpStudy AI y revisado por un tutor profesional

error msg
Explicar
Simplifique esta solución

Extra Insights

Mary is engaging in a unique voting style known as cumulative voting. This system allows shareholders to allocate their votes in any way they choose among the candidates. So, in this case, instead of giving one vote per seat, Mary maximizes her influence by casting all her votes for just one candidate. It’s a brilliant strategy for shareholders to rally behind their favored choices! This method of voting is particularly popular in corporate governance as it can help minority shareholders enhance their chances of electing a preferred candidate. By pooling votes for a single candidate, they stand a better chance of being represented on the board. It adds a layer of strategy to the voting process, allowing for more dynamic elections!

preguntas relacionadas

Latest Economics Questions

¡Prueba Premium ahora!
¡Prueba Premium y hazle a Thoth AI preguntas de matemáticas ilimitadas ahora!
Quizas mas tarde Hazte Premium
Estudiar puede ser una verdadera lucha
¿Por qué no estudiarlo en UpStudy?
Seleccione su plan a continuación
Prima

Puedes disfrutar

Empieza ahora
  • Explicaciones paso a paso
  • Tutores expertos en vivo 24/7
  • Número ilimitado de preguntas
  • Sin interrupciones
  • Acceso completo a Respuesta y Solución
  • Acceso completo al chat de PDF, al chat de UpStudy y al chat de navegación
Básico

Totalmente gratis pero limitado

  • Solución limitada
Bienvenido a ¡Estudia ahora!
Inicie sesión para continuar con el recorrido de Thoth AI Chat
Continuar con correo electrónico
O continuar con
Al hacer clic en "Iniciar sesión", acepta nuestros términos y condiciones. Términos de Uso & Política de privacidad