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Assume Beckman and Sjostrom signed the Shareholders' Agreement from the Week 6 discussion as is. Beckman quits her job with WKS after six months because

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Assume Beckman and Sjostrom signed the Shareholders' Agreement from the Week 6 discussion as is. Beckman quits her job with WKS after six months because she finds it too boring. What is the status of her WKS shares after she quits? WKS can buy them back at its option at appraised value. Sjostrom can buy them at his option at appraised value. Beckman can require WKS to buy them back at appraised value. Beckman must sell and WKS must buy them back at appraised value. Delaware, like Massachusetts, imposes heightened fiduciary duties on stockholders of close corporations. True False

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