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If a Dissenting Shareholder Who Has Exercised His or Her

Question 84

Multiple Choice

If a dissenting shareholder who has exercised his or her appraisal right is dissatisfied with the corporation's determination of the fair market value of the shares,then:


A) the shareholder has no further recourse.
B) the shareholder must choose to receive the appraisal amount, or cancel the exercise of the appraisal right and accept the terms of the merger or other transaction.
C) the shareholder must pay for a new appraisal of the shares, and seek that amount in court.
D) the corporation must petition the court to determine the fair value of the shares.
E) the shareholder must vote, along with all other dissenting shareholders, on whether the dissenting shareholders will accept the appraisal amount, or drop the dissent and go along with the merger plan.

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