Examlex
Which of the following statement is true?:
Board of Director's Approval
Formal sanction or consent given by a company's board for specific actions or decisions.
Assets
Economic resources or valuable items owned by an individual or business, capable of being converted into cash.
Dissenting Shareholder
A shareholder who disagrees with a corporate decision and is granted certain rights, like the right to be bought out under specific conditions.
Appraisal Right
A dissenting shareholder’s right to have his or her shares appraised and to receive monetary compensation from the corporation for their value.
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