A provision in the charter of a company which gives holders of common stock the...
COMMERCE
JAMB 1998
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 known the?
- A. pre-emptive right
- B. shareholders right
- C. ex-dividend right
- D. over-subscription right
Correct Answer: B. shareholders right
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