Examlex
Which of the following statements is true?
Negligent
Failing to take proper care in doing something, leading to damage or injury to another.
Pre-emptive Rights
Legal rights granted to existing shareholders to purchase additional shares in a corporation before new shares are offered to the public, to maintain their proportional ownership.
Shareholder's Agreement
A contract between the shareholders of a company that specifies their rights, privileges, protections and obligations.
Minority Shareholder
An owner of a minority interest in a corporation, typically holding less than 50% of the company's shares.
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