Shareholder agreements are useful devices to protect the interests of minority shareholders in small private corporations.

Question

Quizplus · Accepted Answer

Shareholder agreements can include provisions that protect the interests of minority shareholders, such as requiring unanimous consent for certain decisions, setting terms for the sale of shares, and establishing dispute resolution mechanisms, thereby ensuring their rights and interests are safeguarded in small private corporations.

Shareholder Agreements Are Useful Devices to Protect the Interests of Minority