Dissolution of the corporation


Assignment:

Black and Graham were the sole stockholders of a corporation, each owning 50 percent of the shares. They were also the sole directors. A dispute arose between them about how the business should be run, and they could not resolve the issue. Because of this deadlock, Graham filed suit to dissolve the corporation. Should the court dissolve the corporation based on these facts? (Black v. Graham, 464 S.E.2d 814)

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Dissolution of the corporation
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