When Close Corporation Shareholders Want to Ensure That There Is

question 63

Multiple Choice

When close corporation shareholders want to ensure that there is a market for their shares upon their deaths,they should use a:

• A)buy-and-sell agreement.
• B)right of first refusal.
• C)consent restraint.
• D)provision disqualifying purchasers.

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Definitions:

Fair-Skinned Women

Women having lighter shades of skin color, often more sensitive to sun exposure and at elevated risk for certain skin conditions.

Torso

The central part of the human body to which the neck and limbs are attached; consists of the chest, abdomen, and back.

Age Spots

Flat, brown, gray, or black spots on the skin, typically occurring in sun-exposed areas, associated with aging or sun damage.

Skin Cancer

A type of cancer that begins in the cells of the skin, often resulting from overexposure to UV radiation or other sources.