Question
The stockholders of DEF Corporation are siblings. One of the siblings offered for sale his shareholdings to a non-stockholder of record. Can the siblings prevent
The stockholders of DEF Corporation are siblings. One of the siblings offered for sale his
shareholdings to a non-stockholder of record. Can the siblings prevent the selling
stockholder of the sale of shares of stocks? If so, on what ground considering that
shares of stock are properties? Will this not violate the attribute of ownership to
dispose?
Step by Step Solution
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Step: 1
Answer The ability of siblings to prevent the selling stockholder from selling shares of stock depends on several factors including the companys bylaw...
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Step: 2
Step: 3
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
