Fact Pattern 38-1B

question 61

Multiple Choice

Fact Pattern 38-1B
Standard Company and Typical Corporation form United, Inc., a close corporation, and agree to restrict the transfer of its stock to anyone else. SC sells its physical assets, but not its United stock, to Variety, Inc. TC files a suit against SC.
-Refer to Fact Pattern 38-1B. Under the reasoning of the court in Case 38.2, Salt Lake Tribune Publishing Co. v. AT&T Corp., SC's sale of its assets

• A) did not invalidate, violate, or void the stock transfer restriction.
• B) invalidated the stock transfer restriction.
• C) voided the stock transfer restriction.
• D) violated the stock transfer restriction.

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Definitions:

Job Design

Job Design involves specifying the content, methods, and relationships of a job to satisfy technological and organizational requirements as well as the social and personal requirements of the job holder.

Job Crafting Behaviours

The actions and strategies individuals use to reshape and redefine their job roles and tasks to improve fit, satisfaction, engagement, and overall work experience.

Core Job Characteristic

Fundamental attributes of a job that affect employee motivation and job satisfaction, such as task variety and autonomy.

Experienced Responsibility

The feeling or sense of obligation and accountability for outcomes of one's work or actions.