When you purchase stocks with cum rights, you are granted the privilege to acquire additional shares at a predetermined price. Although these rights may not have been distributed yet, you retain the choice to utilise them at a later time.
Rights on refers to the entitlement of a cum rights purchaser of stock to receive declared but undistributed rights, such as the right to purchase additional shares at a predetermined price. For instance, when a company declares a rights issue, existing shareholders have the privilege to buy extra shares at a discounted price. A cum rights purchaser of stock is eligible for these rights, regardless of whether they have been distributed at the time of purchase. In other words, the example demonstrates that a cum rights purchaser of stock is entitled to receive declared but undistributed rights, such as the right to purchase additional shares at a discounted price, even if they have not yet been distributed at the time of purchase.
– In most states, employment is considered “at-will,” meaning an employer can terminate an employee for any reason, as long as it is not discriminatory or in violation of a contract.
– You have the right to remain silent, the right to an attorney, and the right to a fair and speedy trial. It is important to exercise these rights and seek legal counsel as soon as possible.
– If someone has made false and damaging statements about you that have caused harm to your reputation, you may have grounds to sue for defamation.
– You have the right to remain silent, the right to refuse a search of your vehicle without a warrant, and the right to request an attorney if you are being detained.
– In most cases, landlords are required to provide a notice of eviction and follow specific legal procedures before removing a tenant from a property.
– Tenants have the right to a safe and habitable living environment, the right to privacy, and protection from unfair eviction practices.
– It is illegal for employers to discriminate against employees based on race, gender, age, disability, or other protected characteristics.
– You have the right to seek compensation for medical expenses, lost wages, and pain and suffering if you are injured in a car accident caused by someone else’s negligence.
– No, it is illegal for businesses to deny service to individuals based on their race, religion, or other protected characteristics.
– Victims of domestic violence have the right to seek a protective order, access to shelters and support services, and legal assistance in pursuing criminal charges against the abuser.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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