Question

As explained in Case 40.2, Glassman v. Unocal Exploration Corp., "appraisal rights" entitle minority stockholders to
a. demand that the majority stockholders seek an independent appraisal of any proposed merger.
b. be paid the fair value of their shares in the event of a merger.
c. demand that the majority stockholders seek an independent appraisal of possible alternatives to any proposed merger.
d. challenge the fairness of any merger proposed by the majority stockholders.

Answer

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