Travis d'Arnaud and Sean Murphy are the two shareholders of Catchers, Inc. Sean owns $65\%$ and Travis owns $35\%.$ One drawback for Travis as the minority shareholder is that $\_\_\_\_\_.$

Question $1$ options:

a$)$

there is no ready market to his sell shares

b$)$

he has no rights whatsoever in the corporation

c$)$

he is subject to higher tax rates than the majority shareholder

d$)$

All of the above

e$)$

A & C only