The Revised Act Grants Dissenters' Rights

question 66

Multiple Choice

The Revised Act grants dissenters' rights:

• A) to dissenting shareholders of a corporation leasing substantially all its assets, not in the usual course of business.
• B) when a plan of compulsory share exchange is being acted on, for the acquiring corporation only.
• C) only to the last capitalized corporation in a merger.
• D) All of these.

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Definitions:

Intentional Tort

A wrongful act done on purpose that causes harm to another, including acts such as assault, battery, and defamation, as distinguished from negligence.

False Imprisonment

The intentional confinement or restraint of a person against his or her will.

Tort Claim

A legal claim arising from an act or omission that causes injury or harm to another, allowing the injured party to seek compensation.

Evidence

Information or objects presented in court to prove or disprove facts in a legal case.