If Elliot, a shareholder who dissents to a corporate action, is entitled to appraisal remedies, they will be the:

Question

Quizplus · Accepted Answer

The correct answer is B) fair value of the shares immediately before the action to which he objects is taken. This is because appraisal rights typically entitle a dissenting shareholder to receive the fair value of their shares just before the corporate action they disagree with, rather than the market price, par value, or a value determined at a later date.

If Elliot, a Shareholder Who Dissents to a Corporate Action