A Rights Offering Is

Multiple Choice

A rights offering is:

A) the issuing of options on shares to the general public to acquire stock.
B) the issuing of an option directly to the existing shareholders to acquire stock.
C) the issuing of proxies which are used by shareholders to exercise their voting rights.
D) strictly a public market claim on the company which can be traded on an exchange.
E) the awarding of special perquisites to management.