Question 85 (1 point) A freeze-out: occurs when a majority shareholder is "frozen out" by the management regarding such issues as a reduction or elimination of dividends. can be easily reversed in court. results in the minority shareholder having little influence in important corporate issues such as loss of employment. occurs mostly in S corporations. Question 86 (1 point) When a general partner sells his or her partnership interests, the purchaser: is granted automatic partnership by operation of law. is granted partnership only after he divests all interests in other general partnerships. does not become a partner until he or she is nominated by the director and unanimously accepted by other members. does not become a partner until he or she is unanimously accepted by the other partners