Lovey is a $51\%$ shareholder of Matchless Corporation with preemptive rights. With these rights, Lovey can $q,$

choose to have Matchless act exclusively in a certain area.

buy a prorated share of a new issue of stock before other buyers, in order to maintain her proportional ownership in the company.

"preempt" managerial decisions that affect shareholders, since she is a majority shareholder.

sell a prorated share of a new issue of stock before other sellers, to avoid a loss.