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When a company sells shares to existing shareholders at preferential rate, that is called?
Classroom
Commerce Classroom
Waec
Waec 1995
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When a company sells shares to existing shareholders at preferential rate, that is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Rights issue
B
Bonus issue
C
Private placing
D
Sale by auction
E
Lssue by prospectus
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Correct Answer:
Option A
Explanation:
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