Jacob is a minority shareholder in a closely held corporation.Recently he was dismissed from his marketing management position,and now the board of directors is stopping him from transferring his stock to a cousin.He has
A) lost his rights as a minority stock holder.
B) been locked in.
C) been locked in and frozen out.
D) legal claims against the board of directors.
E) been frozen out.
Correct Answer:
Verified
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