A shareholder exercising her appraisal right can petition the court to determine the value of shares if she believes that the corporation has set the value too low.

Question

Quizplus · Accepted Answer

This is true. Shareholders have the right to dissent from certain corporate actions, such as a merger or consolidation, and request that the court determine the fair value of their shares. If the shareholder believes that the corporation has set the value too low, she can petition the court for a higher value.

A Shareholder Exercising Her Appraisal Right Can Petition the Court