The four shareholders of Low & Slow BBQ, Inc. (the Company ) execute a handwritten shareholder
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Question:
The four shareholders of Low & Slow BBQ, Inc. (the "Company") execute a handwritten shareholder agreement that provides the following:
- The Company shall have no board of directors.
- If the four shareholders of the Company are ever deadlocked on a matter, the dispute shall be submitted to the Company's accountant, Mikey Rollins, for resolution.
- Jimmy Stanton, one of the Company's four shareholders, shall manage the Company's business and affairs, unless he resigns or is removed for cause.
Are the above-quoted provisions permissible under Florida law?
Group of answer choices
A. Yes.
B. I only.
C. I and II only.
D. III only
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