Ontario Barrister and Solicitor Practice Exam 2026 - Free Barrister and Solicitor Practice Questions and Study Guide

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What is not a component of a corporate arrangement pursuant to the OBCA?

An automatic dissent right for shareholders

A component of a corporate arrangement pursuant to the OBCA is any action taken by a corporation that affects the rights, privileges, or conditions of its shareholders. Options B, C, and D all pertain to shareholder approval and consideration in corporate arrangements, but option A is incorrect because it contradicts the definition - there is no automatic dissent right for shareholders under the OBCA.

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Approval by a majority of shareholders

Judicial approval

Fairness assessment

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