Question: Existing shareholders: Multiple Choice may or may not have a pre-emptive right to newly issued shares. must purchase new shares whenever rights are issued. are

Existing shareholders: Multiple Choice may or may not have a pre-emptive right to newly issued shares. must purchase new shares whenever rights are issued. are prohibited from selling their rights. are generally well advised to let the rights they recelve expire. can maintain their proportional ownership positions without exercising their rights

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