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

2 months ago

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

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Jutta

12 days ago

C) Straight voting

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Lai

13 days ago

B) Cumulative voting

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Deonna

17 days ago

D: I'm pretty sure it's B) Cumulative voting.

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Arlen

18 days ago

C: Actually, I think it's A) Distributed voting.

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Caitlin

23 days ago

B: No, I believe it's C) Straight voting.

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Orville

1 months ago

A) Distributed voting

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Elinore

1 months ago

A: I think it's B) Cumulative voting.

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German

2 months 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

2 months 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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Wilda

2 months ago

I agree, that's the correct answer in this scenario.

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Gilma

2 months ago

I think it's B) Cumulative voting.

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Justine

2 months ago

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

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Fatima

1 months ago

Oh, I see. Thanks for clarifying!

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Angelo

2 months ago

Actually, it's A) Distributed voting.

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Terry

2 months ago

No, I believe it's C) Straight voting.

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Julieta

2 months ago

I think the answer is B) Cumulative voting.

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Sylvie

2 months ago

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

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Vanesa

3 months ago

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

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Carma

3 months ago

I think the answer is B) Cumulative voting.

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