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If Sean, a Shareholder Who Dissents to a Corporate Action

Question 16

Multiple Choice

If Sean, a shareholder who dissents to a corporate action, is entitled to appraisal remedies, they will be the:


A) fair value of his shares as of the day the corporation agrees to purchase the shares.
B) fair value of the shares immediately before the action to which he objects is taken.
C) average purchase price for the shares during the preceding 30 days.
D) par value of the shares as set forth in the articles of incorporation..

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