Appraisal rights require shareholders who object to the sale of the property of a company to forfeit their shares.

Name: Appraisal rights require shareholders who object to the sale of the property of a company to forfeit their shares.
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Question

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Appraisal rights allow shareholders to dissent from a proposed sale of a company's assets or merger and receive the fair value of their shares, but they are not required to forfeit their shares.

Appraisal Rights Require Shareholders Who Object to the Sale of the Property