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Type of voting in which all directors in voting lists are voted at same time is classified as
Answer & Solution
Correct Answer:
Option
A
Type of voting in which all directors in voting lists are voted at same time is classified as cumulative voting. Cumulative voting is a type of voting system that helps strengthen the ability of minority shareholders to elect a director. This method allows shareholders to cast all of their votes for a single nominee for the board of directors when the company has multiple openings on its board.
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