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