AI Medical, Inc., is a private, for-profit corporation that is owned by six shareholders who are not members of the same family but are personally known to one another. They also serve as the directors and officers. To prevent a majority shareholder from dominating the firm, the corporation may:

a. depart from all formalities required by traditional corporate law.
b. hold special shareholders’ or directors’ meetings on an annual basis.
c. require more than a majority of directors approve any board action.
d. reorganize into a sole proprietorship or partnership.