I wanted to make sure my answer of "B" is correct. Thank you. The term preemptive right pertains to which of the following?

I wanted to make sure my answer of "B" is correct. Thank you.The term preemptive right pertains to which of the following? a. The Board of Directors rights in liquidation. b. Present shareholders right to purchase shares from any additional share issuances. c. Present shareholders right to purchase treasury shares when reissued. d. Preferred stockholders right to dividends.

The term preemptive right pertains to which of the following? a. The Board of Directors rights in liquidation. b. Present shareholders right to purchase shares from any additional share issuances....