Business
Business, 24.08.2021 22:00, brekline12

Casey, a recent WSU business student graduate, decided to incorporate her business under the name Casey Consulting, Inc. The directors of Casey Consulting learn that an outsider is planning on buying enough voting stock to get herself elected to the board of directors. Casey Consulting, which has cumulative voting, quickly puts together a vote of shareholders to eliminate the company's cumulative voting procedure. The shareholders vote to do away with cumulative voting. The outsider, Denise, who wanted to get herself elected to Casey Consulting's board, claims that the company has committed an illegal act. Is she right

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