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The Right of First Refusal Gives Existing Shareholders the Option

question 4

True/False

The right of first refusal gives existing shareholders the option of subscribing to new shares being issued in proportion to their current ownership interests.


Definitions:

Life-And-Death

Pertaining to a situation or decision of extreme importance, often involving risk to human life.

Ethics

Rules of conduct with respect to a particular class of actions, based on ideas about what is morally good and bad.

Killing Oneself

The act of taking one's own life intentionally; also known as suicide.

Suicide

The act of intentionally causing one's own death.

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