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Figure 51-2
Use the figure to answer the corresponding question(s) .
-The structure labeled 3 in Figure 51-2 is the:
Pre-emptive Rights
Rights that allow existing shareholders to purchase additional shares in a company before new shares are offered to the public, to maintain their proportional ownership.
Shareholder's Agreement
A contract among the shareholders of a company outlining their rights, responsibilities, and obligations.
Voting Rights
The entitlement of individuals to participate in the election of government officials and to have their vote counted.
Pre-incorporation Contracts
Agreements entered into on behalf of a corporation that has not yet been legally formed, often leading to questions about enforceability.
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