Appraisal Rights

question 53

Multiple Choice

Appraisal rights:

• A) belong to dissident shareholders.
• B) can be exercised by a target company any time before acquisition.
• C) allow a target company to get a fair valuation of its assets before sale.
• D) always give all shareholders the fair market value of their shares.

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Definitions:

Intentional Torts

Wrongful acts committed with the intention of causing harm to others, which can include assault, battery, and defamation.

Principal

The primary party involved in a transaction, agreement, or legal relationship, who has authorized agents to act on their behalf.

Agent

A person authorized to act on behalf of another person or entity, known as the principal, in business dealings or other matters.

Liable

Liable describes the state of being legally responsible for something, especially in terms of owing compensation or facing legal consequences for one's actions or inactions.