Find the best answers to your questions with the help of IDNLearn.com's expert contributors. Join our Q&A platform to get accurate and thorough answers to all your pressing questions.
Answer:
Preemptive right
Explanation:
The right of common shareholders to purchase their proportional share of any common stock later issued by the corporation is called a Preemptive right. A preemptive right grants right to existing shareholders to buy some proportion of new shares at a price lower than market price