Multiple Choice
Which of the following best describes preemptive rights?
A) It is the right to purchase additional stock from the stock exchange.
B) It is the right to sell existing shares back to the corporation.
C) It is the right to purchase shares before the incorporation of a company.
D) It is the right to purchase fresh capital stock in proportion to shares owned.
Correct Answer:
Verified
Correct Answer:
Verified
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