NACVA Exam CVA Topic 3 Question 87 Discussion

Actual exam question for NACVA's CVA exam

Question #: 87
Topic #: 3

[All CVA Questions]

There are many subtitles to the application of fair value for cooperate law purposes. For example, some states consider concepts of ''entire fairness.'' There are following aspects of entire fairness EXCEPT:

AAbsolute fairness

BRelative fairness

CCompetence and thoroughness

DReorganization

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Suggested Answer: A

by Desiree at May 22, 2024, 03:30 AM

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Georgiann

13 days ago

Okay, let's see. Absolute fairness, relative fairness, and competence and thoroughness all sound like they could be 'entire fairness' concepts. But reorganization? I don't know, that one seems a bit out of left field.

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Rodolfo

17 days ago

Huh, entire fairness? That sounds like something out of a corporate drama. I hope the answer isn't 'D) Reorganization' - that would be too obvious, even for a lawyer.

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