In a voting trust, shareholders transfer their shares to one or more voting trustees and receive voting trust certificates in exchange. Why would shareholders make such an agreement?

Corporate law recognizes that shareholders may not all agree about a corporate action. In such circumstances, corporate law recognizes dissenters' rights. What are the rights of the dissenters under the MBCA?

Answer rating: 100% (QA)

Shareholders may enter into a voting ... View the full answer