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Absent restrictive provisions, one of the basic stockholders rights is called the preemptive right. 1. Discuss this basic stockholder right and its advantages and disadvantages

Absent restrictive provisions, one of the basic stockholders rights is called the preemptive right.

1. Discuss this basic stockholder right and its advantages and disadvantages from both the stockholder and stock issuer point of view.

2. Research a publically held company and discuss how it treats the preemptive right.

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