A Rights Offering Is the

question 20

Multiple Choice

A rights offering is the

• A) initial offering of securities to the public.
• B) offering of new securities to current shareholders on a pro-rata basis.
• C) sale of newly issued shares of stock to the general public.
• D) sale of securities directly to a select group of investors.

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Definitions:

Duty To Render

The legal or ethical obligation to provide a certain level of care or service, especially in professional or emergency situations.

Peril To Herself

Refers to someone being in a situation or engaging in behavior that poses a significant risk of harm to their own well-being.

Proximate Cause

A principle in the law of negligence that determines whether the harm or injury suffered by the plaintiff was a foreseeable consequence of the defendant's action or inaction.

Legal Cause

The reason or motive for some action under law, often referring to the grounds for litigation or the principle reasons behind legal action.