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Question
Jaycee is a shareholder for Designer Pet Clothes, Inc. Designer Pet Clothes uses cumulative voting to elect directors. This means that the number of Jaycee's votes is determined bya. how long Jaycee has been a shareholder.
b. the number of members of the board to be elected multiplied by the total number of voting shares Jaycee holds.
c. the number of shareholders present at the most recent shareholders' meeting.
d. the number of shareholders' meetings Jaycee has attended in the past year.
Answer
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