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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:

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Suggested Answer: A

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

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Taryn
23 days ago
Ah, the joys of corporate law. Where the only thing 'entire' is the headache you get trying to decipher these questions.
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France
24 days ago
Hmm, 'entire fairness'? Sounds like something out of a fancy corporate boardroom. If the answer's not 'D) Reorganization,' I'm going to be seriously disappointed in the exam writer's sense of humor.
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Shanda
2 days ago
C) Competence and thoroughness
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Yvonne
16 days ago
B) Relative fairness
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Pura
19 days ago
A) Absolute fairness
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King
1 months ago
This question is making my head spin. Maybe I should've taken that 'Corporate Law for Dummies' course before attempting this exam.
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Honey
23 days ago
A) Absolute fairness
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Georgiann
2 months 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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Karl
28 days ago
User 2: Yeah, but reorganization doesn't really fit in with those concepts.
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Wai
1 months ago
User 1: I think absolute fairness, relative fairness, and competence and thoroughness are all part of entire fairness.
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Rodolfo
2 months 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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Annette
20 days ago
Mollie: That makes sense, 'absolute fairness' seems different from 'entire fairness'.
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Raymon
21 days ago
User 3: I believe it's 'A) Absolute fairness' that is not part of entire fairness.
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Mollie
1 months ago
User 2: Yeah, it does sound too straightforward.
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Mona
1 months ago
User 1: I think 'D) Reorganization' is too obvious.
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Nilsa
2 months ago
You might be right, D) Reorganization does seem out of place in the context of entire fairness.
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Veronika
2 months ago
I disagree, I believe the answer is D) Reorganization because it doesn't relate to entire fairness.
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Nilsa
2 months ago
I think the answer is A) Absolute fairness.
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