In 1972, Irwin Fox and Alvin Samuels established Ironite. The articles of incorporation set forth the guidelines for operation. Irwin and Alvin agreed verbally on additional decisions about the company and shared equally. They later formed another company, Sweet Gas, run under the same rules. In 1989, they invited their sons, Richard Fox and Mark Samuels, to join them. Richard and Mark would eventually take control from their fathers.

1. The appeals court held that it would uphold the bylaws, not oral testimony, about how company revenues would be shared. Does this mean the Samuels were cheated, because the oral agreement was not followed?
2. If the parties cannot stand to work with each other now, how do they sell out of the companies, given that they own it 50-50?