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Question
Lara owns 100 shares of Mighty Company. Mighty issues 10,000 new shares. According to her stock certificates, Lara is entitled to buy another 100 shares at the time of the new issue. This is an example ofa. participation rights.
b. preemptive rights.
c. the right of first refusal.
d. voting rights.
Answer
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Fact Pattern 41-1
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Fact Pattern 41-1
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