Under CBCA, unanimous shareholder agreements (USAs) can
Under CBCA, unanimous shareholder agreements (USAs) can:
A. Restrict or eliminate the board’s powers
B. Only apply to public companies
C. Override provincial securities laws
D. Avoid all shareholder liabilities
Answer: A
Explanation: USAs (for private companies) can transfer board powers to shareholders; they cannot override statutory laws or eliminate limited liability.

