Forsythe's Fancies is electing their first board of directors. There are 8 positions to fill....
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Accounting
Forsythe's Fancies is electing their first board of directors. There are 8 positions to fill. The firm currently has 500,000 shares outstanding.
A) How many shares do you need to ensure your choice is elected with majority voting rules?
B) How many shares do you need to ensure your choice is elected with majority voting rules?
C) Explain the advantages to both types of voting.
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