Restrictions on Share Transfer Can Take Many Forms

question 33

Multiple Choice

Restrictions on share transfer can take many forms.The most common restrictions include all of the following EXCEPT

• A)requiring the consent of the board of directors to any transfer.
• B)giving a right of first refusal to existing shareholders or directors before an outsider can sell.
• C)giving a majority shareholder a right of veto.
• D)implementing a "shotgun" clause.
• E)requiring the consent of existing directors to approve any proposed new member of the corporation.

---

Definitions:

Maladaptive Behavior

Actions or tendencies that hinder an individual’s ability to adjust to particular situations, often leading to negative outcomes or mental health issues.

Sherif's Research

A series of studies in social psychology conducted by Muzafer Sherif, focusing on social norms, conformity, and group dynamics.

Intergroup Attitudes

The beliefs, feelings, and behavioral tendencies directed towards members of a different group, which can include prejudice, stereotyping, and discrimination.

Tugs-of-war

A metaphor for situations or competitions where two or more parties exert opposite forces or influences, often leading to a standstill.