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law on Private Corporation A shareholder in the person of Cynthia entered into a Voting Trust Agreement (VTA) with her boyfriend Johnny. Prompted with the
law on Private Corporation
A shareholder in the person of Cynthia entered into a Voting Trust Agreement (VTA) with her boyfriend Johnny. Prompted with the VTA, Johnny communicated his intention to Cynthia and to the corporation for a seat in the Board of Directors of GUMMY BEARS CORP. The father of Cynthia who is also a stockholder, opposed and questioned the eligibility of Johnny to be a director. Is the objection of Cynthia's father reasonable? Why? ( 10 pts.)Step by Step Solution
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