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Which of the following statements a) , b) or c) is false?
Competitive Bidding
A procurement process in which multiple suppliers submit bids to win a contract to provide goods or services.
Offer Price
The price at which sellers are willing to sell their shares or securities; also the price a buyer pays to buy a security.
Ex-rights Date
The date on which a stock trades without the right to receive a specific dividend or distribution announced by the company.
Rights Offering
A financial mechanism by which a company offers existing shareholders the opportunity to purchase additional shares at a discounted price before the public.
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