The Preemptive Right Gives the Shareholder the Right

question 76

Multiple Choice

The preemptive right gives the shareholder the right

• A) of one vote for each share owned.
• B) to give up their vote to another party.
• C) to maintain their proportionate ownership in the corporation when new common stock is issued.
• D) to sell their share of stock at a premium.

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Definitions:

External Recruitment

The process of filling job vacancies with candidates from outside the organization, often to bring in new skills or perspectives.

Realistic Recruitment

An approach to hiring that accurately portrays a job’s responsibilities, benefits, and challenges to potential candidates.

Six-Step Process

A structured approach divided into six phases aimed at achieving a specific objective or solving a particular problem.

Formal Application

A structured and officially recognized process of submitting personal and professional information for job applications, grants, or memberships.