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Sheldon is the sole director and the President of the company. How can Sheldon justify his decision to retain 1,000 shares for himself? If Sheldon

Sheldon is the sole director and the President of the company. How can Sheldon justify his decision to retain 1,000 shares for himself? If Sheldon desires to control the companys future decisions after selling shares to his four friends, does he need to get some of them to support him? If so, how many? Explain your answers.

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