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Question
Multiple Choice Question:
A prospectus is issued by
Options
A private company
A public company seeking investment from public
A public enterprise
A public company
MCQ
Solution
A prospectus is issued by a public company if it decides to raise funds through public investment. A private company need not issue a prospectus as it is prohibited from raising funds from the public.
Hence, the correct answer is option A public company.
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Formation of a Company
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