USB Free Share Transferability Source of Motivation Among Investors Discussion

 answer par 1 and part 2 separately. Each part has to be as detailed as possible. Use the files listed below to answer the questions. Be DETAILED and concise with your writing. Each part has to be a minimum of half a page. times new romans single spaced 

Part 1- Describe the difference between a right of first refusal, an option agreement and a buy-sell agreement. (Make sure that your answer defines these terms in the context of restrictions on the transfer of shares, not the general definitions.) Which type of transfer restriction can guarantee a buyer for a shareholder’s investment in the event of death, retirement or disability?

Part 2- Pete decides to incorporate his sole proprietorship under the name Sampras Entertainment Corporation. He tells his lawyer to file articles of incorporation, and the lawyer says that the filing will be done on July 1. On June 25, Pete enters into a contract with Wimbledon Corporation to lease an office space. Pete signs the contract in the name of Sampras Entertainment Corporation only. On July 1, the secretary of state files the articles of incorporation. On July 2, Sampras Entertainment Corporation releases Pete from personal liability on the lease.  Three months later, Sampras Entertainment Corporation stops making rent payments to Wimbledon Corporation. Wimbledon sues both Sampras Entertainment Corporation and Pete personally. Under the MBCA, is Pete personally liable on the contract with Wimbledon? Why or why not?