The Right to Maintain One's Proportionate Ownership in the Corporation

question 59

Multiple Choice

The right to maintain one's proportionate ownership in the corporation is called the:

• A)voting right.
• B)liquidation right.
• C)preemptive right.
• D)dividend right.

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Definitions:

Increased Demand

Refers to a situation where there's a higher desire or need for a particular product or service, often leading to higher prices if supply does not match the surge.

Price Ceiling

A legally established maximum price that can be charged for a good or service.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to buy at a specific price.

Market Equilibrium

A situation in a market where the quantity of a product demanded by consumers equals the quantity supplied by producers.