Ev-R-Green Co

Ev-R-Green Co. ,a private corporation,decides to sell substantially all of the company's assets.Under the Model Act and many state statutes,

A) the sole remedy for dissenting shareholders is to sell their stock on the stock exchange.
B) the board must first get unanimous shareholder approval for this fundamental change.
C) Ev-R-Green must buy back,at fair value,the stock of any shareholders who object to the decision.
D) the company may buy back,at fair value,the stock of any shareholders who object to the decision or the shareholders who object may receive the right of first refusal to purchase corporate assets.

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