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A and B decide to form Corporation. A and B will each own 50% of the outstanding stock. Both A and B will work at
A and B decide to form Corporation. A and B will each own 50% of the outstanding stock. Both A and B will work at Corporation as their primary job. Corporation's bylaws require a simple majority shareholder vote for most decisions relating to Corporation, and an unanimous shareholder vote for fundamental changes. Corporation pays no dividends. After several years, A and B disagree about the management of Corporation, and A quits his job at Corporation. What is likely to happen next
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