How many directors can family be assured of electing


Class Corp has 10,000,000 outstanding shares. There are 11 directors on the firms board. The Becker family owns 2,300,000 shares of Coase Corp. How many directors can the Becker family be assured of electing by themselves if Coase Corp uses majority voting.

A. 0

b. 1

c. 2

d. 3

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Finance Basics: How many directors can family be assured of electing
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