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Question

A ________ is one who performs the preliminary duties necessary to bring a company into being and float it.

A
Auditor
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B
Promoter
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C
Director
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D
Financer
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Solution

The correct option is C Promoter
A corporate promoter is a firm or person who does the preliminary work incidental to the formation of a company, including its promotion, incorporation, and flotation, and solicits people to invest money in the company, usually when it is being formed.

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