In Most States, a Corporation's Bylaws Can Negate Preemptive Rights

question 30

True/False

In most states, a corporation's bylaws can negate preemptive rights.

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Definitions:

Legal Relations

The relationships and obligations created by laws between individuals, organizations, or states.

Proposal

An offer made by one party to another, intending to create a legal obligation upon acceptance.

Clickwrap

A legal agreement which a user accepts by clicking on an "I agree" or similar button during software installations or within online services.

Browse-wrap

A type of online agreement where acceptance is implied through the use of the website, without requiring an explicit agreement from the user.