AAFM Exam GLO_CWM_LVL_1 Topic 6 Question 83 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 83
Topic #: 6

[All GLO_CWM_LVL_1 Questions]

A situation in which an owner of more than 50% of voting shares can elect the entire board of directors is known as

ADistributed voting

BCumulative voting

CStraight voting

DDiscretionary voting

Show Suggested Answer

Suggested Answer: A

by Irma at Jul 02, 2024, 03:46 AM

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Candida

11 hours ago

Haha, 'Discretionary voting'? That sounds like something a corporate executive would invent to keep their power.

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German

3 days ago

I'm pretty sure it's B) Cumulative voting, but I'd better double-check my notes just to be sure.

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Sarina

10 days ago

Ah, the classic 'tyranny of the majority' scenario. I wonder if the exam writers are trying to catch us out here.

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Justine

17 days ago

Hmm, this seems like a tricky one. I better brush up on my corporate governance knowledge.

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Sylvie

18 days ago

I'm not sure, but I think it might be C) Straight voting instead.

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Vanesa

19 days ago

I agree with Carma, cumulative voting makes sense in that situation.

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Carma

24 days ago

I think the answer is B) Cumulative voting.

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