What Is the Term for an Agreement That Makes the Shareholder

question 20

Multiple Choice

What is the term for an agreement that makes the shareholder sell his shares back to the corporation at a price determined in the agreement and binds the corporation to purchase the shares?

• A)Option agreement
• B)Buy-and-sell agreement
• C)Fiduciary agreement
• D)International agent agreement

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Definitions:

Ethanol

Ethanol, also known as ethyl alcohol, is a volatile, flammable, colorless liquid commonly used as a psychoactive drug in alcoholic beverages and as a solvent in the chemical industry.

Metabolic Oxidation

The process in which organic substances are broken down to produce energy in cells.

Carboxylic Acids

Organic compounds containing a carboxyl group (-COOH) that are characterized by their acidic properties.

Condensed Structural

A method of representing a molecule's structure in a simplified form without showing all atoms, focusing instead on the organization of its atoms.