Consider the following statements: Statement 1: Cumulative voting decreases the likelihood that shareholders' interests are represented on
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Question:
Consider the following statements:
Statement 1: Cumulative voting decreases the likelihood that shareholders' interests are represented on the board.
Statement 2: Information concerning the confidentiality of voting rights is found in the proxy statement.
Which of the following is most likely?
A. Statement 1 is correct
B. Both statements are incorrect
C. Both statements are correct
D. Statement 2 is incorrect
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