A prospectus is
A) a legal document for soliciting investment.
B) the legal document that replaces a draft business plan.
C) a marketing document intended to sell a concept.
D) a document containing confidential business information.

Question

Quizplus · Accepted Answer

A prospectus is a legal document used to solicit investment in a company or project. It is required by securities regulators and provides important information about the investment opportunity, such as the business plan, financials, risks, and ownership structure.

A Prospectus Is