Samantha Is an Architect, and She Is Also the Sole

question 5

Essay

Samantha is an architect, and she is also the sole shareholder of Sam's Gifts Inc. She wants to
semi-retire from the gift business soon and her three employees have all expressed great interest in taking over the company. They do not have the financial resources necessary to make the purchase at this point in time, however, Samantha is not in a hurry to receive the proceeds from the business as she will continue with her architectural work for another five years.
Samantha has heard about something called a 'share reorganization' and she has asked you to explain what it means and if it would apply to her situation.
Required:
A)Explain what a share reorganization is, and if it would be useful for Samantha in her plans to semi-retire from her gift store.
B)What is a significant risk factor that might be involved with a share reorganization?

• A)Explain what a share reorganization is, and if it would be useful for Samantha in her plans to semi-retire from her gift store.
• B)What is a significant risk factor that might be involved with a share reorganization?

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Definitions:

Film Arts

The field concerned with the creation, analysis, and critique of films as a form of artistic expression.

Conditional Indorsement

An endorsement on a negotiable instrument that specifies conditions under which the endorser can be held liable.

Indorsee

A person or entity to whom a negotiable instrument, such as a check or promissory note, is legally transferred.

Enforce

To compel observance of or obedience to a law, rule, or obligation through legal authority or force.