Multiple Choice
Clifton has purchased shares in a corporation that carry a pre emptive right.What right does this confer to Clifton?
A) the right ask questions at the annual shareholders' meeting
B) the right to vote at the annual shareholders' meeting
C) the right to purchase new shares before they are offered to outsiders
D) the right to sell his shares back to the corporation
Correct Answer:
Verified
Correct Answer:
Verified
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