A Dissenting Shareholder Seeking Payment of the Fair Value of His/her

question 89

Multiple Choice

A dissenting shareholder seeking payment of the fair value of his/her shares (dissenters' rights) must have the right to vote on the action to which he/she objects.In which of the following cases does a shareholder have dissenters' rights despite his/her lack of voting power?

• A)Short-form mergers
• B)Significant amendments of the articles of incorporation
• C)Share exchanges
• D)Sales of all the assets

---

Definitions:

Elasticity

A measure of how much the quantity demanded of a good or service changes in response to a change in its price or other factors, such as consumers' income.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate in a particular market or industry.

Wage Rate

The amount of money paid to a worker per unit of time, serving as compensation for labor services.