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

Auditor

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Promoter

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Director

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Financer

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

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.

Suggest Corrections

Similar questions

A ___ is the person who conceives a business idea and initiates to take the necessary steps to accomplish to form a company.

A company can ratify preliminary contracts after incorporation.

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

Join BYJU'S Learning Program