Right Shares Are Offered To

question 4

Multiple Choice

Right shares are offered to.....................

• A)Debenture holders
• B)Existing shareholders
• C)List 2 contributories
• D)Liquidators

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Definitions:

Clayton Antitrust Act

A U.S. law enacted in 1914 to prevent anticompetitive practices, supplementing the Sherman Antitrust Act by addressing specific practices that could restrain trade.

Robinson-Patman Act

A federal law in the United States that bans practices against competition by manufacturers, especially discrimination in pricing.

Quantity Discount

A reduction in price based on the amount of goods or services purchased, incentivizing buyers to purchase in larger volumes.

Going-Out-Of-Business Sale

A sale event characterized by deeply discounted prices, typically held by retailers looking to liquidate their inventory before closing their business.