Use the Fact Situation in Q13 to Answer the Related

question 19

Multiple Choice

Use the fact situation in Q13 to answer the related question that follows. Assume that A and B have a unanimous shareholder agreement,which provides that at any time,a shareholder can serve a notice on the other shareholder to buy the other's shares for fair market value.If A and B could not resolve their impasse,then

• A)B could serve this notice on A.
• B)A could serve this notice on B.
• C)if B served this notice on A first,A would have to sell his shares in the company to B at fair market value,
• D)if A served the notice on B first,B would have to sell his shares in the company to A for fair market value.
• E)all of the above

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Definitions:

Stereotyped

Characterized by widely held but fixed and oversimplified images or ideas of a particular type of person or thing.

Competent

Having the necessary ability, knowledge, or skill to do something successfully.

Task Specialist

In groups, a member who pushes the group toward the attainment of its goals; a person who contributes many ideas and suggestions to the group.

Social-emotional Specialist

A professional dedicated to addressing the social and emotional development needs of individuals, focusing on emotional intelligence, interpersonal skills, and mental health.