A provision in the charter of a company which gives holders of common stock the...

COMMERCE
JAMB 2021

A provision in the charter of a company which gives holders of common stock the first option to purchase additional issues of the firm's common stock is the

  • A. pre-emptive right
  • B. over-subscription right
  • C. ex-dividend right
  • D. shareholders right

Correct Answer: D. shareholders right



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.