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Author Question: David owns 15 percent of the shares of common stock currently held in BIGD Analytics Co At the most ... (Read 187 times)

Shelles

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on: Jul 14, 2018
David owns 15 percent of the shares of common stock currently held in BIGD Analytics Co At the most recent meeting, the board of directors authorized the sale of 250,000 new shares of stock to raise funds. As an existing stockholder, David may have a _________ to buy up to 37,500 shares of the new stock before it is offered to the public.
  A. preventive right
 
  B. cumulative right
 
  C. secondary right
 
  D. preemptive right
 Fill in the blank(s) with correct word

Question 2

SCORE is a group of retired businesspeople who volunteer their services to small businesses through the SBA.
 
 Indicate whether the statement is true or false


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tanna.moeller

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Reply #1 on: Jul 14, 2018
Answer to Question 1

preemptive right

Answer to Question 2

True


Shelles

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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