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Business Studies

State the following statement is True or False:
The Chairman's special voting right is called the casting voting.

A
True
B
False
Answer & Solution

True


SOLUTION
Casting vote is called as second vote which is used by  Chairman in case of tie, to resolve a deadlock. 
If the Articles of the company so provide, the Chairman shall have a casting vote.
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TRUE/FALSE Medium Published on 18th 08, 2020
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