Stockholders Have Preemptive Rights Because

question 153

Multiple Choice

Stockholders have preemptive rights because:

• A)preemptive rights come with every stock purchase.
• B)are required by law.
• C)are written into the companies rules of operation (its charter, articles, or bylaws).
• D)preemptive rights prevent disproportional  ownership.

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Definitions:

Union Representation

The act of labor unions representing workers in negotiations with employers regarding wages, working conditions, and other employment terms.

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a federation of unions that collectively represent more than 12 million workers in the United States.

Federation

An organization formed by grouping together several smaller bodies, such as unions or associations, that retain their individual identities but work together for common goals.

Free Speech

The right to express any opinions without censorship or restraint, fundamental in democracies but also pertinent to workplace rights and union activities.