Jacob Is a Minority Shareholder in a Closely Held Corporation

Multiple Choice

Jacob is a minority shareholder in a closely held corporation. Recently he was dismissed from his marketing management position and now the board of directors is stopping him from transferring his stock to a cousin. He has

A) legal claims against the board of directors.
B) lost his rights as a minority stock holder.
C) been locked- in and frozen out.
D) been locked- in.
E) been frozen out.