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

---

Definitions:

Price Inelastic

Describes a situation where the demand for a product does not significantly change with a change in the product's price.

Marketing Mix

The set of actionable marketing tools—Product, Price, Place, Promotion—that a company uses to pursue its marketing objectives in the target market.

Right Price

The optimum price point for a product or service where it meets the customer's value perception and the company's profitability goals.

Reasonable Price

A price that is fair and appropriate for the value of the goods or services being provided, often considered from the perspective of the average consumer.