Which of the Following Describes a Shareholder's Preemptive Rights

question 45

Multiple Choice

Which of the following describes a shareholder's preemptive rights?

• A) the right to purchase shares of another shareholder pursuant to a "buy-and-sell" agreement
• B) the right to purchase a pro-rata portion of any additional shares issued by the corporation
• C) the right of shareholders to override actions of the board of directors
• D) the right of shareholders to remove members of the board of directors without cause
• E) the right of shareholders to call special meetings

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Definitions:

Boyle's Law

Boyle's Law is a gas law stating that the pressure of a given mass of an ideal gas is inversely proportional to its volume at a constant temperature.

Charles' Law

A gas law stating that, at constant pressure, the volume of a gas increases or decreases by the same factor as its temperature increases or decreases.

Mathematical Expression

A combination of numbers, variables, operators, and sometimes parentheses that represents a mathematical relationship or process.

Mathematical Ratio

A relationship between two numbers indicating how many times the first number contains the second.