In Some States,preemptive Rights Do Not Apply To

question 9

Multiple Choice

In some states,preemptive rights do not apply to:

• A) the reissue of previously issued shares.
• B) shares issued for noncash consideration.
• C) shares issued in connection with a merger.
• D) All of these are correct.

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Definitions:

Expected Returns

The mean of all the likely returns for an investment or portfolio over a given period, accounting for the risk of those returns.

Portfolio

An assortment of financial assets such as equities, bonds, commodities, money, and near-money assets, encompassing both closed-end funds and exchange-traded funds (ETFs).

Coefficient Of Correlation

A statistical measure that calculates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Positively Correlated

A relationship between two variables in which they move in the same direction; as one increases, the other also increases.