Multiple Choice
Which of the following is NOT a basis for involuntary dissolution?
A) By the Secretary of State,if it is established that the corporation failed to pay its franchise tax
B) By a shareholder,if the directors are deadlocked and the shareholders cannot break the deadlock
C) By the shareholders,if they dissent to a merger and are asserting their appraisal rights
D) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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