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Question

A prospectus is issued by _________.

A
A private company
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B
A public company seeking investment from public
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C
A public enterprise
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D
A public company
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Solution

The correct option is A A public company seeking investment from public
A prospectus refers to a legal document issued by the companies that are offering securities for sale. A public company has to issue a prospectus which is an invitation to the public to subscribe to the capital of the company. It is done for raising the required funds from the public.

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