In the case in the text,Coyle v.Schwartz,the buy-and-sell agreement considered by the court is an example of:
A)an agreement that failed to address what would happen in the event of a deadlock.
B)an agreement that failed to clarify what will happen when a shareholder voluntarily retires.
C)an agreement that was able to consider all parties' objectives.
D)an agreement that failed to attain the objectives of all the shareholders.

Question

Quizplus · Accepted Answer

The court enforced a buy-and-sell agreement in which the shareholders were to agree from time to time on the price to be paid for the shares.It is a good example of a poorly drafted buy-sell agreement that failed to attain the objectives of all the shareholders.

In the Case in the Text,Coyle V