Explain how many shares do you need to own to ensure

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Reference no: EM1358287

The shareholders of the Pickwick Paper Company need to elect eight directors. There are 200,000 shares outstanding.

a. How many shares do you need to own to ensure that you can elect at least one director if the company has majority voting?

b. How many shares do you need to own to ensure that you can elect at least one director if the company has cumulative voting?

Reference no: EM1358287

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