A Rights Offering Is

question 71

Multiple Choice

A rights offering is:

• A) the issuing of options on shares to the general public to acquire stock.
• B) the issuing of an option directly to the existing shareholders to acquire stock.
• C) the issuing of proxies which are used by shareholders to exercise their voting rights.
• D) strictly a public market claim on the company which can be traded on an exchange.
• E) the awarding of special perquisites to management.