Under What Circumstances Must a Dissenting Shareholder Pay for the Court

question 113

Multiple Choice

Under what circumstances must a dissenting shareholder pay for the court costs and appraisal costs in connection with a corporation's petition of the court to determine the value of the shares?

• A) under no circumstances
• B) if the dissenting shareholder acted arbitrarily or in bad faith, in disputing the amount that the corporation had determined to be the fair value of the shares
• C) if the amount determined as the fair value by the court is higher than the amount the corporation had determined
• D) if the amount determined as the fair value by the court is either higher or lower than the amount the corporation had determined
• E) in all circumstances where the dissenting shareholder has objected to the amount the corporation had determined is the fair value

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Definitions:

Tariff Negotiations

The process where countries discuss and agree on the tax rates to be applied to imported goods in order to protect domestic industries or raise government revenue.