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 to

To avoid sharing control with someone they do not know or like, it would be most effective for the shareholders of a close corporation to

a.

restrict the transferability of shares to outside persons.

b.

hold special shareholders or directors meetings on an annual basis.

c.

reorganize into a sole proprietorship or partnership.

d.

require more than a majority of directors approve any board action.

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