& Sons, Inc., has a nine-person board and 2 million shares of common stock
outstanding. It is chartered with a cumulative voting rule. Tammy Whynot, a
granddaughter of the founder, directly or indirectly controls 482,000 shares.
Because she disagrees with present management, she wants a slate of her own
directors on the board.
a. If all
directors are elected once a year, how many directors can she elect?
b. If directors
terms are staggered so that only three are elected each year, how many can she
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