Multiple Choice
Which of the following statements reflects the transferability of ownership rights in a corporation?
A) If a stockholder decides to transfer ownership he must transfer all of his shares.
B) A stockholder may dispose of part or all of his shares.
C) A stockholder must obtain permission from the board of directors before selling shares.
D) A stockholder must obtain permission from at least three other stockholders before selling shares.
Correct Answer:
Verified
Correct Answer:
Verified
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