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if you own your corporation with one or more other shareholders you need a shareholder agreement the law doesn't say what happens if one shareholder dies or gets divorced or becomes disabled or what happens if the shareholders aren't getting along so if we look at that example there's no mechanism under the business corporations act where one shareholder can force another shareholder out or where one shareholder can force the other to buy them out it doesn't matter if you're 50 50 shareholders 80 20 90 10 there's just nothing there unless you have a written legally binding shareholders agreement that has a process for dealing with that also if you die and you think my family's going to be fine because the company will just buy my shares so they'll get the money for all this hard work that i put into building this business guess what that doesn't happen automatically unless you have a shareholders agreement that says that happens and that shareholders agreement should also have a mecha...
