The preemptive right gives the shareholder the right
A. of one vote for each share owned.
B. to give up their vote to another party.
C. to maintain their proportionate ownership in the corporation when new common stock is issued.
D. to sell their share of stock at a premium.
Answer:C
The preemptive right gives the shareholder the right
A. of one vote for each share owned. B. to give up their vote to another party. C. to maintain their proportionate ownership in the corporation when new common stock is issued. D. to sell their share of stock at a premium.