A shareholder's preemptive right gives her the right to purchase up to a ten percent (10%)share of every new offering of stock by the corporation.

Name: A shareholder's preemptive right gives her the right to purchase up to a ten percent (10%)share of every new offering of stock by the corporation.
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A shareholder's preemptive right gives her the right to purchase a proportional share of every new offering of stock by the corporation, not a fixed 10% share.

A Shareholder's Preemptive Right Gives Her the Right to Purchase