________ rights are the rights of shareholders who object to a proposed merger to have their shares valued by the court and receive cash payment of this value from the corporation.

Question

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The described rights are known as appraisal rights. Shareholders who exercise these rights are entitled to receive the fair value of their shares as determined by a court or independent appraiser, rather than being forced to accept the terms of a merger or acquisition.

________ Rights Are the Rights of Shareholders Who Object to a Proposed