Commercial Law, 2011 Bar — Question 35

MULTIPLE CHOICE

EFG Foundation, Inc., a non-profit organization, scheduled an election for its six-member Board of Trustees. X, Y and Z, who are minority members of the foundation, wish to exercise cumulative voting in order to protect their interest, although the Foundation's Articles and By-laws are silent on the matter. As to each of the three, what is the maximum number of votes that he/she can cast? A) 6 B) 9 C) 12 D) 3

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