In Shaw v$.$ Elting, the Delaware Supreme Court decided to:

Question $8$ options:

$1)$

refused to appoint a custodian to sell the corporation because the business was profitable despite to the dysfunction relationship between the only two shareholders and directors.

$2)$

appoint a custodian to be a third director to break tie votes between the only two existing directors because of the dysfunctional relationship between them.

$3)$

appoint a custodian to sell the corporation because, even though the business was profitable, irreparable injury could result due to the dysfunction relationship between the only two shareholders and directors.

$4)$

transfer the case to a Bankruptcy Court to have the business dissolved by involuntary petition under Chapter $7$ of the Bankruptcy Code.