Two Security Services,ABC Security and R

question 7

Essay

Two security services,ABC Security and R.Knight Security,propose to merge.Each corporation has fewer than 10 shareholders.The proposed merger receives majority shareholder approval.Richard,a minority shareholder who owns 10% of the stock in Knight Security,however,is very much opposed to the merger.He tells the other shareholders in Knight Security that unless they convince him otherwise,he will block the merger.What are Richard's rights as a dissenting shareholder,and does he have the power to block the merger?

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Definitions:

Behaviour Modification

The use of empirically demonstrated behavior change techniques to improve behavior, such as altering an individual's behaviors and reactions to stimuli through positive and negative reinforcement.

Reinforcement

In psychology, a concept where a behavior is encouraged or strengthened by a consequence that follows it.

Modelling

The process of demonstrating a particular behavior or skill that others are expected to learn or emulate.

Mimicking

The act of imitating or copying the behavior, actions, or traits of others, often as a learning method or strategy for adaptation.