Question

Susan wants to have the ability to sell her investment if the founders transfer control of the company by selling their stock. She should obtain: a. Co-sale rights b. A right of first refusal c. Drag-along rights d. None of these are correct

Answer 1

What Susan needs to obtain is co-sale rights. Option A

Explanation:

Co-sale rights simply refer to the rights that enable shareholders that are not majority shareholders (the minority shareholders) to be able to sell their stakes in any organization or firm if the majority shareholder(s) at any point in time feel(s) like or need(s) to sell his/her/their stake(s) in that firm or organization