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16 October, 11:28

Mary owns 100 shares of stock. Each share entitles her to one vote per open seat on the board of directors. Assume there are 3 open seats in the current election and Mary casts all 300 of her votes for a single candidate. What is the term used to describe this type of voting?

A Condensed

B. Straight

C. Proxy

D. Aggregate

E. Cumulative

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Answers (1)
  1. 16 October, 11:52
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    Cumulative.

    Explanation:

    Cumulative by definition is increasing or increased in quantity, degree, or force by successive additions.
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