Examlex
Which of the following is not a major component of Jim Crow racism?
Preemptive Rights
Rights that give existing shareholders the option to buy additional shares before the company offers them to the public, to maintain their proportionate ownership.
Outstanding Shares
Outstanding shares refer to the total number of shares of a corporation that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Treasury Shares
Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the financial market but not considered when calculating earnings per share or dividends.
MBCA
Stands for the Model Business Corporation Act, which is a template law designed to standardize and regulate the formation and operation of corporations across the United States.
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