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Explain under what circumstances a shareholder's right to dissent arises.
On Jun 10, 2024
A shareholder's right to dissent arises when a corporation, usually in the form of the directors, makes a decision that will have the effect of benefitting the corporation as a whole, but won't particularly help the position of a minority shareholder. In some jurisdictions, that minority shareholder has the right to dissent, and have his or her shares purchased at a fair price.