In an ordinary corporation, ownership and voting are based on which structure?

• A. 1 share, 1 vote
• B. Proportional by investment value
• C. One member, one vote regardless of shares
• D. Voting determined by government appointment

Answer: (A)

In an ordinary corporation, voting power is tied to ownership: each share you own usually carries one vote. This means who has more shares has more influence on decisions, like electing directors or approving major actions. The idea that voting depends on investment value isn’t how standard corporate voting works, and one member, one vote ignores ownership entirely. Government appointment has nothing to do with how ordinary corporations are governed. So the standard structure is one share, one vote. If there are different classes of stock, voting rights can vary, but the common framework is one vote per share.