G&C IncHas Outstanding 10,000 Shares with Par Value of Ten Dollars

question 1

Multiple Choice

G&C Inc.has outstanding 10,000 shares with par value of ten dollars and that Tiffany owns 5000.At the annual meeting,the shareholders decide to issue an additional 10,000 shares at par and to sell them to Sharon.Tiffany vehemently objects in order to protect dilution of her percentage of share ownership.Tiffany is exercising her _____ in this scenario.

• A)cumulative voting rights
• B)preemptive rights
• C)abatement rights
• D)proxy rights
• E)divestiture rights

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