Answer Happy

Question 28 (1 point) Big Boat Shipping has three open seats on its board of directors. The company uses straight voting and every share of stock has one vote. How many shares must a shareholder control to ensure that his or her candidate is elected to the board? 25 percent of the shares plus one vote 50 percent of the shares plus one vote Only one vote is required 33.3 percent of the shares plus one vote 51 percent of the shares plus one vote