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..
b
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Answer the following statement true (T) or false (F)
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A. most purchases are based on impulse B. the negotiations include a large number of business customers C. the size of a typical individual transaction is relatively small D. buyers and sellers often develop close and long-lasting relationships
What must public accountants obtain before they are eligible to conduct a company's audit?
A) CMA licensing B) background in forensic accounting C) financial analysis capabilities D) CPA licensing E) external auditor approval
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Answer the following statement true (T) or false (F)