Under CBCA, unanimous shareholder agreements (USAs) can

date:2026-03-24 15:56:51 author:admin browse: time View comments Add Collection

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.