Question: Multiple Choice Question WinWin Corporation has five board members, and each shareholder gets one vote per share. The company uses a straight board voting procedure.
Multiple Choice Question
WinWin Corporation has five board members, and each shareholder gets one vote per share. The company uses a straight board voting procedure. How does this arrangement affect minority shareholders?
Multiple choice question.
Each minority shareholder would have one preferred board member.
No minority shareholder would have enough votes to win any seat on the board.
Minority shareholders don't vote in such an arrangement.
Corporations always have one board member designated to protect the interests of minority shareholders.
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