17 a,b

Which of the following best describes the facts as related below: Father redeems all of his shares leaving his children as shareholders. He agrees not to have anything to do with the business for five years. a. All of the answers (except none of them) are right b. 302(b)(2) c. $303 d. $302(b)(4) e. None of these answers are right f. $302(b)(3) g. $302(b)(1) Which of the following best describes the facts as related below: An actual contraction of the business can allow this type of redemption a. $303 b. All of the answers (except none of them) are right c. $302(b)(2) d. None of these answers are right e. $302(b)(4) f. 302(b)(3) g. $302(b)(1)