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A provision in the charter of a company which gives holders of common stock the…

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: Option B
Explanation