The Preemptive Right Gives Shareholders the Right ________

Multiple Choice

The preemptive right gives shareholders the right ________.

A) to caste one vote for each share owned at the annual meeting of the company
B) to give up their vote to another party if they do not attend the annual meeting
C) to maintain their proportionate ownership in the corporation when new common stock is issued
D) to sell their share of stock at a premium in the event of liquidation