OmegaByte Corp has 1,000 shares of stock outstanding that are permitted to vote for directors. If OmegaByte Corp permits cumulative voting, a minority shareholder would need to vote how many shares to elect one of three directors?
A) 251
B) 501
C) 751
D) 334
Question 2
Refusal of a tender of performance by one party to a bilateral contract will:
A) be treated as a repudiation, excusing the tendering party from further duty of performance under the contract.
B) not discharge either party from further duty of performance under the contract.
C) be considered a condition subsequent.
D) None of these.
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