If a Shareholder Dissents to a Proposed Business Combination,he Is

question 63

Multiple Choice

If a shareholder dissents to a proposed business combination,he is entitled to receive the fair value of his shares.In order to do so,the shareholder must do which of the following?

• A) Attack the validity of the corporate action that gives rise to his right to obtain payment or to have the action rescinded
• B) Obtain an appraisal of the value of the shares
• C) Oppose the proposed corporate action verbally at a special meeting of the stockholders
• D) Make a written demand upon the corporation within the set time period

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Definitions:

Neutral Third Party

An impartial entity involved in a situation or conflict, not favoring any side.

Problem-solving Style

An individual’s typical or preferred approach to resolving issues or overcoming obstacles, which can vary from analytical to intuitive.

Dimensions

Represents the various aspects or features that can be measured or used to describe something in detail.

Assertiveness

The quality of being self-assured and confident without being aggressive, in a way that respects both one's own rights and the rights of others.