Under shareholder appraisal rights, the shareholder and the corporation must agree on the shares' fair value or a court will determine it.

Name: Under shareholder appraisal rights, the shareholder and the corporation must agree on the shares' fair value or a court will determine it.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Shareholder appraisal rights allow shareholders to demand a fair value for their shares if they disagree with certain corporate actions, and if an agreement cannot be reached, a court will determine the value.

Under Shareholder Appraisal Rights, the Shareholder and the Corporation Must