Question

you want to be on the board of directors of uptown communications. since you are the only shareholder who will vote for you, you will need to own more than half of the outstanding shares of stock if you are to be elected to the board. what is the type of voting called that requires this level of stock ownership to be successfully elected?

Answer 1

Straight is the type of voting called that requires this level of stock ownership to be successfully elected if you want to be on the board of directors of uptown communications.

How do you define voting?

Voting is a process in which a group, such as a meeting or electorate, can participate in order to reach a consensus or express an opinion, typically in the wake of talks, debates, or election campaigns. Citizens participate in democracy through casting ballots. The interests of the people are supported by the leaders who are chosen by the people to represent them and their beliefs. Voting in federal elections and running for federal office are two unique rights available only to residents of the United States.

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