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What is the minimum number of votes which must be cast in favor of the resolution to make it effective?
S Ltd has an issued share capital of 1000 ordinary shares of £1 each. Some of the shareholders would like to change the name of the company.
What is the minimum number of votes which must be cast in favor of the resolution to make it effective?
A . 501
B . 500
C . 750
D . 1,000
Answer: C
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