Which of the Following Statements Reflects the Transferability of Ownership

question 76

Multiple Choice

Which of the following statements reflects the transferability of ownership rights in a corporation?

• A) If a shareholder decides to transfer ownership, he/she must transfer all of his/her shares.
• B) A shareholder may dispose of part or all of his/her shares.
• C) A shareholder must obtain permission of the board of directors before selling shares.
• D) A shareholder must obtain permission from at least three other shareholders before selling shares.

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Definitions:

Buffering

The technique of starting a message with neutral or positive information before delivering bad news or sensitive information.

Bad-News Message

Communication designed to relay unfavorable or disappointing information in a sensitive and understanding manner.

Anticipate Future Relations

The act of predicting and preparing for potential future interactions with others.

Resale

Resale refers to the act of selling something previously bought, often used goods, to another buyer.