Which of the following statements is true about procedures for appraisal rights of dissenting shareholders?
A) Depending on the jurisdiction,dissenting shareholders may be stripped of their rights,including the right to vote.
B) Dissenting shareholders need only express their dissent,the procedures do not need to be strictly followed.
C) Shareholders who lose their legal status also lose their right to sue.
D) The procedures governing appraisal rights are minimal.
E) The legal status of dissenting shareholders never changes.
Correct Answer:
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