Question: A Moving to another question will save this response. 4 The preemptive right is designed to O allow existing shareholders to buy shares of the

A Moving to another question will save this response. 4 The preemptive right is designed to O allow existing shareholders to buy shares of the new offering if they desire. O allow existing shareholders the right to sell their existing shares before the new offer. O allow managers to preempt a stock offering if they do not like the terms of the deal. allow management to diffuse stock ownership any voting power. Question 10

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