skylarhorse1957 skylarhorse1957

01-01-2021
Business

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The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a:

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Tundexi Tundexi

03-01-2021

Answer:

Preemptive right

Explanation:

The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a Preemptive right. A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price

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