Examlex

Solved

Which of the Following Statements Is True

question 16

Multiple Choice

Which of the following statements is true?


Definitions:

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.

Related Questions