Examlex
Suppose that Tebogo has a new girlfriend whom he really likes.He programs his cell phone so that every time his new girlfriend calls, his phone plays the new Justin Timberlake single.After he has had his phone programmed this way for a little while, he notices that he feels happy whenever he hears the Justin Timberlake song.This MOST clearly illustrates ____.
Preemptive Right
A shareholder's right to maintain their proportionate ownership by buying additional shares before they are offered to the public.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily match the market value.
Legal Capital
The minimum amount of capital that a company is required to maintain by law, often to protect creditors from the company's potential losses.
Treasury Stock
Treasury stock refers to shares that were once part of the outstanding shares of a company but were repurchased by the company itself.
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