question archive A corporation has 1,000 shares of stock outstanding
Subject:FinancePrice: Bought3
A corporation has 1,000 shares of stock outstanding. One person owns 60% of the stock and the minority stockholders together own the other 40% of the stock. If the company is voting for 10 director positions, and if all votes are cast using a straight voting method, how many candidates favored by the majority owner will win the director positions?
1.)What is the greatest number of candidates favored by the minority owners that can win the director positions? if all voting is done confidentially, on average how many candidates favored by the minority owners expected to win?