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Answer: 10.
**Explanation:** Under statutory voting (also known as straight voting), shareholders have one vote per share for each director position being elected. **Key points:** - The shareholder owns 10 shares - There are 10 directors to be elected - Under statutory voting, the shareholder can cast up to 10 votes per share for each director position - However, the question asks for the maximum number of votes that can be cast **in favor of a single candidate** **Calculation:** - Total votes available = 10 shares × 10 directors = 100 votes - Under statutory voting, the shareholder can allocate these votes across the 10 director positions - The maximum that can be allocated to a single candidate is **10 votes** (one vote per share for that specific director position) **Why not 100?** - 100 votes would be possible under cumulative voting, where shareholders can concentrate all their votes on a single candidate - Under statutory voting, votes must be distributed across all director positions **Why not 1?** - 1 vote would be incorrect because the shareholder has 10 shares, so they get 1 vote per share for each director position Therefore, the correct answer is **B. 10.**
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