The proportionate ownership in a corporation when new shares are issued allows common stockholders to maintain their A preemptive right B. sinking fund C. debenture clause D. collateral right 31. Since most shareholders in a corporation do not attend the annual meeting to vote, they may assign their voting rights to another party viaa A. no-fault clause. B. proxy statement C. preemptive right. D. trustee lien 32. When a corporation decides to "go public" and sell its common stock on the public equity market for the first time A it must obtain approval from its current shareholders. B. the firm's auditors and lawyers must certify that all documents for the company are legitimate. C. the firm must hire an investment bank to underwrite the stock offering. D. A and B and C E. A and B C. CALCULATION