a disgruntled stockholder of the Penultimate Corporation, desires
representation on the board. The Penultimate Corporation, which has 10
directors, has 1 million shares outstanding.
a. How many
shares would Mel have to control to be assured of 1 directorship under a
plurality voting system?
Part (a), assuming a cumulative voting system.
Parts (a) and (b), assuming that the number of directors was reduced to 5.
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