Select all true statements

1. Like partnerships, there are many forms of the corporation .
2. A distributing corporation sells its shares widely to the public through regulated stock exchanges.
3. AUnanimous Shareholders Agreementserves to limit the discretion and liability of directors and to transfer the discretion and concomitant liability to the shareholders.
4. A non-distributing corporation sells its shares privately to a narrowly defined class of persons and does not trade those shares on a public stock exchange.