If You Own 800 Shares (3% of a Corporation's Stock)and

question 112

Multiple Choice

If you own 800 shares (3% of a corporation's stock) and the corporation issues 10,000 new shares,how many total shares will you have after exercising your preemptive right?

• A)0
• B)300
• C)800
• D)1,100

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Definitions:

Sporophytes

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.

Triploid Cell

A cell that has three sets of chromosomes, often occurring in plants and some species of fish and amphibians.

Angiosperms

These are flowering plants, making up the largest group in the plant kingdom, characterized by producing seeds enclosed within a fruit.

Endosperm

Endosperm is the nutritive tissue within seeds of flowering plants, serving to feed the embryo during germination.