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Under the MBCA,a Purchaser of Shares That Have a Transfer

Question 30

Multiple Choice

Under the MBCA,a purchaser of shares that have a transfer restriction is not put on notice of such restriction if:


A) the restriction is public information.
B) the restriction is conspicuously noted on the face of the share certificate.
C) the restriction is conspicuously noted on the back of the share certificate.
D) he knows of the restriction when he buys the shares.

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