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Ben Is a Shareholder of Cotton Fabric, Inc

Question 44

Multiple Choice

Ben is a shareholder of Cotton Fabric, Inc., whose management is con?sider?ing extending its operations through some type of combination or acquisition with Denim Dungaree Corporation. Ben could normally exercise appraisal rights if Cotton Fabric participates in


A) a sale of substantially all of the corporate assets.
B) a dissolution.
C) a tender offer.
D) none of the choices.

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