Question

________ is a system in which each shareholder votes the number of shares he or she owns on candidates for each of the positions open.

1) Cumulative voting
2) Straight voting
3) Supramajority voting
4) Trust voting

Answer 1

Straight voting is a system in which each shareholder votes the number of shares they own on candidates for each of the positions open.

Step-by-step explanation:

The correct answer is 2) Straight voting. Straight voting is a system in which each shareholder votes the number of shares they own on candidates for each of the positions open. In this system, the candidate with the most votes wins, regardless of whether they have a majority or a plurality of votes. For example, if there are three candidates and a shareholder owns 100 shares, they can vote 100 times for a single candidate or distribute their votes among multiple candidates.