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The shareholders of the Pickwick Paper Company need to elect ten directors. There are 250,000 shares outstanding. |
| a. |
How many shares do you need to own to ensure that you can elect at least one director if the company has majority voting? |
| Majority voting | [removed] |
| b. |
How many shares do you need to own to ensure that you can elect at least one director if the company has cumulative voting?
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