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The right of preferential or privileged subscription (pre-emptive right) of common shareholders is defined as the right a.to receive cash dividends before preferred shareholders. b.to
The right of preferential or privileged subscription (pre-emptive right) of common shareholders is defined as the right
a.to receive cash dividends before preferred shareholders. b.to participate proportionally in any new issue of common shares. c.to participate proportionally in corporate assets in the event of a liquidation. d.to exclude preferred shareholders from having the right to vote.
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