Examlex

Solved

The Offer of New Shares to Existing Shareholders at No

question 23

Multiple Choice

The offer of new shares to existing shareholders at no cost, in proportion to the amount of their current holding, is known as:


Definitions:

Consistent

Showing steady conformity to a particular pattern, standard, or set of rules over time.

Over Time

A period extending beyond the usual hours of work, often associated with additional pay; or gradually through a period.

Implicit Contract

An unwritten and unspoken agreement between individuals, often based on common norms or expectations.

Formal Contract

A legally binding agreement between parties, outlined in a document with specific terms and conditions.

Related Questions