Angela and Lou are starting a flower store business to be carried on by a corporation.Angela has substantial personal assets and will be getting 90 percent of the shares of the corporation.Lou has little money and will be getting 10 percent of the shares.A fair way to resolve disputes would be to enter into a shareholder's agreement which provides for a "shotgun buy-sell."

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The Answer of Angela and Lou are starting a flower store business to be carried on by a corporation.Angela has substantial personal assets and will be getting 90 percent of the shares of the corporation.Lou has little money and will be getting 10 percent of the shares.A fair way to resolve disputes would be to enter into a shareholder's agreement which provides for a "shotgun buy-sell."

Angela and Lou Are Starting a Flower Store Business to Be