Which of the following statements about a company prospectus is correct?
A) A company is obliged to prepare a prospectus when it makes an offer for sale of shares.
B) All companies, whether listed or not, must file an annual prospectus with the Registrar of Companies.
C) Companies listed on the Stock Exchange must issue a prospectus annually, to explain their future plans to investors.
D) Despite its name, a prospectus contains no information about a company's future prospects.
Correct Answer:
Verified
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