Series 7 - General Securities Representative Exam
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A shareholder owns 1400 shares of XYZ common stock. XYZ stockholders were given cumulative voting rights. If there are four vacancies on the executive board, the shareholder can cast any of the following votes EXCEPT
1400 for one candidate
A
1600 for each candidate
B
1400 for each candidate
C
5600 for one candidate
D
Explanations
The shareholder cannot cast 1600 for each candidate as that would require 6400 votes. There are only 5600 available.
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
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- Series 7
- 50 of 625