If a shareholder works for the business

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If a shareholder works for the business then he:

a. will become a creditor of the corporation and will enjoy the same rights of recovery against the corporation as any other creditor

b. will not officially become a creditor of the corporation, but will enjoy the same rights of recovery against the corporation as any other creditor

c. will be removed from the corporation

d. will be forced to sell his shares in the company

e. will become a creditor of the corporation, but will not enjoy the same rights of recovery against the corporation as any other creditor

Reference no: EM13813406

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