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Commerce · Q1551

Accounting

Graduate and Post Graduate · Commerce · question 1551

Q1551

Pre-emptive right is:

A.
A right of equity shareholders to get newly issued shares
Answer
B.
A right of the debenture-holders to get newly issued shares in lieu of debentures
C.
A right of the manager to get newly issued shares
D.
A right of the employees to get shares of the company

Answer: Option A

Solution

Answer: Option A
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