Question

Assuming control of a corporation would be hardest to obtain if the firm uses which type...

Assuming control of a corporation would be hardest to obtain if the firm uses which type of voting?

Multiple Choice

  • Cumulative voting with an annual board

  • Straight voting with annual elections for each seat

  • Cumulative voting with annual elections for each seat

  • Cumulative voting with a staggered board

  • Straight voting with a staggered board

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Answer #1

Straight voting with a staggered board

In this type of board, it will be hardest to take position in the board seat.

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