It is sometimes called the right of first refusal.a.Pre-emptive rightb.Appraisal Rightc.Dividend Rightd.Intrinsic Right

The term that is sometimes called the right of first refusal is a. Pre-emptive right.

Explanation

The pre-emptive right is a provision that gives existing shareholders the priority to purchase additional shares in the company before the company offers them to other potential buyers. This right ensures that shareholders can maintain their proportional ownership in the company and prevent dilution of their interests. In many cases, it acts as a safeguard for investors, allowing them to have a say in new capital raising activities and protect their investment value. This right is significant in financial markets as it aligns the interests of the shareholders with the management of the company, promoting stability and confidence among the investor base.

In contrast, the other options like appraisal right and dividend right relate to different aspects of shareholder entitlements, and intrinsic right is not a commonly recognized term in this context.