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Question

The document inviting offers from public to subscribe for the debentures or shares or deposits of a body corporate is a ______________.

A
Share certificate
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B
Stock invest
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C
Fixed deposit receipt
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D
Prospectus
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Solution

The correct option is C Prospectus
A prospectus is 'any document described or issued as a prospectus including any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares or debentures of, a body corporate'.

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