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The Right of a Corporation or Its Shareholder to Purchase

Question 67

Multiple Choice

The right of a corporation or its shareholder to purchase any shares of stock offered for resale by a shareholder within a specified period of time is referred to as which of the following?


A) Right of first purchase
B) Right of adequate refusal
C) Right of first acknowledgement
D) Right of first refusal
E) Superior right of purchase

Correct Answer:

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