b. Recomputed Part (a), assuming a cumulative voting system — Mel Content disgruntled stockholder the Penultimate Corporation desires representation board which has

Mel Content, a disgruntled stockholder of the Penultimate Corporation, desires representation on the board. The Penultimate Corporation, which has 10 directors, has 1 million shares outstanding.

a. How many shares would Mel have to control to be assured of 1 directorship under a plurality voting system?

b. Recomputed Part (a), assuming a cumulative voting system.

c. Recomputed Parts (a) and (b), assuming that the number of directors was reduced to 5.