Multiple Choice
A(n) ________ requires a selling shareholder to obtain the consent of the corporation or the other shareholders before she may sell her shares.
A) buy-and-sell agreement
B) right of first refusal
C) option agreement
D) consent restraint
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: If repurchased shares are neither canceled nor
Q3: Which of the following occurs at a
Q4: Memberships in a nonpublic corporation are generally freely
Q5: Only when the promoter is liable on
Q6: A promoter is not an agent of
Q7: Short-term certificated options that are usually transferable
Q8: A(n)_ grants the corporation or other shareholders
Q9: Corporations are generally liable on preincorporation contracts
Q10: What is the only function of an
Q11: Which of the following would be used