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The lower rate was because the par price of a share of stock constitutes a binding two-way contract among the business and also the shareholder. Bob Ross has practiced in Illinois in parts of wills and trusts, business law, acquisitions, succession arranging and similar professional real estate issues since 1980. https://s3.us.cloud-object-storage.appdomain.cloud/digitalasset/attorney/Business-Lawyer-Maryland.html

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