Ajax Co.has six directors.Three of the directors favor corporate expansion and three directors want to keep Ajax at its current size and distribute the surplus profit.How will a court likely resolve this deadlock?
A) Appoint a seventh director to break the tie.
B) Appoint an arbitrator.
C) Order an involuntary dissolution of Ajax.
D) Order the directors to make an agreement or be in contempt of court.
Correct Answer:
Verified
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