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A: I am assuming that your are referring to a shot that misses the ring. This relates to team control:
14.1.3. Team control ends when: The ball has left the player's hand(s) on a shot for a field goal or for a free throw.
In this case, provided the officials deem the miss as a legitimate shot attempt, the shooter may retrieve the ball and dribble, pass or shoot since the shot ends both player and team control.