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A , B and C form X , Inc. A owns 1 0 0 shares, B owns 5 0 shares and C owns 2 5

,

B and C form X

,

Inc. A owns

100

shares, B owns

50

shares and C owns

25

shares. Because A has a solid majority, B and C are minority shareholders. In order to give them a say in the governance of the corporation, what option could be utilized to ensure they have some representation on the board of directors?

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