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Ashorn Ashorn
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7 years ago
Luzzos Corp. is a closely held corporation where "The right to transfer shares needs to be restricted in some manner." This is most likely to be done by
a. required consent of the board of directors.
b. placing the restriction outside the corporate charter.
c. giving the right of first refusal to the existing shareholders.
d. placing the restriction in a by-law.
e. giving a large shareholder the right of veto.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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7 years ago
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Ashorn Author
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7 years ago
Thanks!
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