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Which of the following statements is CORRECT? Question 2 options: Preemptive right is a provision in the corporate charter or bylaws that gives common bondholders

Which of the following statements is CORRECT?

Question 2 options:

Preemptive right is a provision in the corporate charter or bylaws that gives common bondholders the right to purchase on a pro rata basis new issues of corporate bonds.

A proxy fight is an attempt by a person or a group to gain control of a firm by getting its stockholders to grant that parson or group the authority to fight in court to replace the current management.

Founders shares are stocks owned by firms founders that enables them to maintain control over the company by owning the majority of stock outstanding.

Takeover is an action whereby a person or group succeeds in ousting a firms management and taking control of the company.

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