Question $7(1$ point$)$

DCAM Corp. stock is held by Rita $(5$ percent$),$ Jack $(50$ percent$),$ and Taran $(45$ percent$).$ DCAM's board of directors has negotiated a merger with EAE, Inc. Jack and Taran support the deal, but Rita thinks it will be disastrous for the company. If DCAM is a privately held corporation, what recourse does Rita have?

No recourse, because privately held stock cannot be sold on the open market.

No recourse, because she will be out$-$voted by Jack and Taran concerning the merger.

Rita may sell her stock on the open market.

Rita may object to the merger and require DCAM to buy back her stock at fair market value.