An Agreement Among Shareholders to Restrict the Ability to Sell

question 60

True/False

An agreement among shareholders to restrict the ability to sell their shares is considered to be an unreasonable restriction on the ownership of stock,and therefore against public policy.

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Definitions:

Hypnotizes

Induces a trance-like state in which a person becomes more open to suggestion, typically used for therapeutic purposes.

Dissociative Identity Disorder

A psychiatric disorder characterized by the presence of two or more distinct personality states that control a person's behavior at different times.

Dissociative Identity Disorder

A psychological disorder characterized by the presence of two or more distinct personality states that control an individual's behavior in different circumstances.

Distinctly Different Personalities

Refers to individuals having multiple and significantly varied personalities, often used in contexts discussing psychological conditions like Dissociative Identity Disorder.