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Multiple Cholce Question Cashews Corp. had 2 0 0 outstanding shares of its only class of stock when it redeemed 3 0 of Linus' shares

Multiple Cholce Question

Cashews Corp. had

200

outstanding shares of its only class of stock when it redeemed

30

of Linus' shares in exchange for land worth $

50, 000 .

The exchange

reduced Linus' ownership from

180

shares to

150

shares. Is Linus' redemption substantially disproportionate?

Yes

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