Asked by Colby Holtman on May 27, 2024
Verified
The shareholder's appraisal right does not normally apply to sales of substantially all of the corporate assets.
Appraisal Right
A shareholder's right to have their shares independently valued in certain circumstances, such as mergers or acquisitions.
Corporate Assets
Properties, investments, and other resources owned by a corporation that can be used to produce goods, render services, or generate revenue.
- Recognize the entitlements of shareholders within corporate mergers, including the right to an appraisal.
Verified Answer
RT
Ribaraoi TekieraJun 02, 2024
Final Answer :
False
Explanation :
Shareholder's appraisal rights typically do apply in situations involving the sale of substantially all of the corporate assets, as this is considered a major decision that can significantly affect shareholder interests.
Learning Objectives
- Recognize the entitlements of shareholders within corporate mergers, including the right to an appraisal.
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