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11:04 Dec 2, 2020 |
Russian to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 20:43 | ||||||
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3 +2 | not less than fifty plus one ten-thousandth of a percent |
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3 | by a majority of more than 50 percent |
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Discussion entries: 5 | |
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not less than fifty plus one ten-thousandth of a percent Explanation: The number of votes is proportional to the number of shares owned by a shareholder, not the number of shareholders. Hence, it is possible to have a fraction as 0.0001 percent.cccccccccccccccc Cumulative voting is a voting system used by organizations that allow shareholders to vote proportionately to the number of shares they hold. This allows a shareholder with 100 shares to cast the equivalent of 100 votes toward any single issue. https://www.investopedia.com/terms/c/cumulativevoting.asp#:~... |
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6 hrs confidence:
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