Fact Pattern 31-7 Enchilada Inc

Multiple Choice

Fact Pattern 31-7 Enchilada Inc. seeks to purchase a substantial number of the voting shares of Fajita Inc .
Refer to Fact Pattern 31-7. The directors of Fajita resist Enchilada's takeover attempt. In analyzing whether this is reasonable, a court would apply

A) an appraisal right.
B) a takeover defense.
C) the corporation's policies.
D) the business judgment rule.