In a corporation with cumulative voting, x has only ten shares. Each share has one vote. There are..

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In a corporation with cumulative voting, x has only ten shares. Each share has one vote. There are three directors to be elected. Explain the possible voting methods X can fo11ow. 6. If A, as president of B Corporation, learns of a good buy in 1and that the corporation expected to buy and would use profitably, can A buy the 1and personally without informing the corporation? Explain 7. 8. A11 the directors of X Corporation vote to convey by deed corporate 1and to Z. Each of the directors votes separately on the matter without a board meeting. Is such a vote binding on the corporation? Explain.

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