Why are brokers appointed at the capital subscription stage ?
The brokers are appointed at the capital subscription stage to sell the shares to investors by distributing the forms and encouraging them to apply for the shares.
(a) Promotion, Commencement of Business, Capital
(c) Promotion, Incorporation, Capital Subscription,
(d) Capital Subscription, Promotion, Incorporation,
Stages in the formation of a public company are in the following manner
(a) Promotion, Commencement of business, Incorporation, Capital Subscription
(b) Incorporation, Capital Subscription, Commencement of business, promotion
(c) Promotion, Incorporation, Capital Subscription, Commencement of Business
(d) Capital Subscription, Promotion, Incorporation, Commencement of Business
What is the role of underwriters in the capital subscription stage of public limited company?