A majority of shareholders at Weed, Inc., wanted to reinstate the former CEO of the company and

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A majority of shareholders at Weed, Inc., wanted to reinstate the former CEO of the company and sell off an unprofitable division. Do shareholders have the right to make these two decisions?
(a) Yes to both.
(b) No to both.
(c) The shareholders have the right to sell off an unprofitable division, but not to reinstate the president.
(d) The shareholders have the right to reinstate the president but not to sell off an unprofitable division.

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Essentials Of Business Law

ISBN: 9781337404198

6th Edition

Authors: Jeffrey F Beatty, Susan S Samuelson

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