What kind of information is imparted through a prospectus by a company to a prospective investor?
A prospectus is issued by
(a) A private company
(b) A public company seeking investment from public.
(c) A public enterprise
(d) A public company
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?