A Renounceable Rights Issue Means

question 29

Multiple Choice

A renounceable rights issue means:

• A) shareholders are prevented from selling their rights to subscribe.
• B) the new shares are being issued at a price higher than the current market price.
• C) shareholders are able to sell their rights to subscribe.
• D) they are only available to new shareholders.

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Definitions:

Relational

Pertaining to or using a type of database management system (DBMS) that stores data in tables related by common fields.

Tabular

Relating to or arranged in a table or systematic arrangement of data in rows and columns for easy reference and analysis.

Attribute

A property or characteristic of a data element, object, or entity in programming, databases, and web development.

Record

An individual entry in a database, consisting of several fields containing the data items.