A company is legally born on the date printed on the prospectus.

False

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True

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A prospectus is issued by

(a) A private company

(b) A public company seeking investment from public.

(d) A public company

The ___ is the legal document that a company gets on the date of its formation.

What is a prospectus ? Is it necessary for every company to file a prospectus ?

Is it essential for a private company to issue a prospectus or a statement in lieu of prospectus? Why or why not?

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