"Tag along rights" are Buy-Sell agreements which:
A. Often call for the sales of interest on the same terms if the controlling owner sells
B. Allow the issuer first priority to buy the interest and other stockholders or partners the second-place option to buy
C. Have become more common these days
D. Both A& B
Answer:D
"Tag along rights" are Buy-Sell agreements which:
A. Often call for the sales of interest on the same terms if the controlling owner sells B. Allow the issuer first priority to buy the interest and other stockholders or partners the second-place option to buy C. Have become more common these days D. Both A& B