By a two-thirds majority vote,EcoGreen Inc.'s shareholders approved a proposed amendment to the articles of incorporation allowing for public ownership of the company's shares and the adoption of a dual-class share structure.Zoe voted against the change.Due to her dissatisfaction,which of the following most likely offers Zoe the best solution?

Question

Quizplus · Accepted Answer

Exercising her dissent and appraisal right would allow Zoe to sell her shares back to the company at a fair value and exit the company. This would be the best solution for her if she is dissatisfied with the proposed changes to the company's structure. Seeking a court-ordered oppression remedy or commencing a derivative action would be more drastic and time-consuming options, and solicitation of proxy votes would not be effective in this scenario since the amendment has already been approved by a two-thirds majority vote.

By a Two-Thirds Majority Vote,EcoGreen Inc