69. Pedro is a stockholder of a close Corporation. Having irreconcilable differences with his fellow stockholders, he decided to withdraw from the said corporation. He approaches you to exercise his right to withdraw, which is the ground he can use to withdraw? f a merger consolidation sale, lease, exchange, transter, mortgage, pledge or other disposition of all or substantially all of the Corporate property b. C.amendment of articles of incorporation d. shortening corporate term e. for any reason

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Question
69. Pedro is a stockholder of a close Corporation. Having
irreconcilable differences with his fellow stockholders,
he decided to withdraw from the said corporation. He
approaches you to exercise his right to withdraw, which
is the ground he can use to withdraw?
f
a merger consolidation
sale, lease, exchange, transter, mortgage, pledge or
other disposition of all or substantially all of the
Corporate property
b.
C.amendment of articles of incorporation
d. shortening corporate term
e. for any reason
Answer

e. For any reason.

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Under the laws of most states, a stockholder of a close corporation has the right to withdraw from the corporation for any reason. This right...
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