Question: To avoid sharing control with someone they do not know or like it is most effective for the shareholders to close of a close corporation
To avoid sharing control with someone they do not know or like it is most effective for the shareholders to close of a close corporation to a restricted transferability of shares to person majority of directors approve board action special shareholders directors meetings on annual basis or do you recognize
Question
To avoid sharing control with someone they do not know or like, it would be most effective for the shareholders of a close corporation tc
a restrict the transferability of shares to outside persons.
b require more than a majority of directors approve any board action.
c hold special shareholders' or directors' meetings on an annual basis.
d reorganize into a sole proprietorship or partnership.
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