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Answer: Cumulative voting, which allows shareholders to concentrate their votes on a single candidate.
**Explanation:** - **Option A (Proxy voting)** is incorrect because proxy voting involves shareholders delegating their voting rights to another party, such as management or a representative, rather than directly allocating all votes to a single candidate. - **Option B (Statutory voting)** is incorrect because statutory voting mandates that shareholders distribute their votes evenly among all candidates, preventing them from concentrating votes on a single candidate. - **Option C (Cumulative voting)** is correct because it allows shareholders to allocate their total voting rights to one or more candidates, enabling them to concentrate all their votes on a single candidate if desired. This method contrasts with statutory voting, where votes must be evenly distributed.
Author: LeetQuiz Editorial Team
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The voting method that permits shareholders to allocate all their votes to one candidate is most accurately described as:
A
Proxy voting, which enables shareholders to delegate their voting rights to another party.
B
Statutory voting, which requires shareholders to distribute their votes evenly among all candidates.
C
Cumulative voting, which allows shareholders to concentrate their votes on a single candidate.
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