In order to exercise the appraisal right where a shareholder is opposed to a merger,the shareholder must:

Question

Quizplus · Accepted Answer

In order to exercise the appraisal right where a shareholder is opposed to a merger, the shareholder must give the corporation notice of demanding cash payment for the shares, with the notice given prior to the vote on the matter, and should not vote in favor of the proposed merger. Therefore, the correct choices are A and C. Option B is not necessary, as the notification of the amount of the cash payment can be made in the same notice demanding the cash payment for the shares.

In Order to Exercise the Appraisal Right Where a Shareholder