Political Science, asked by jothis8279, 10 months ago

What is writ? Who has the power to issue the writs?

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Answered by CharmBoii

Answer:

A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date

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