A public company can borrow money ___________
A) before incorporation
B) Soon after incorporation
C) after issuing a proposal
D) after obtaining certificate to commerce business.
Correct Answer:
Verified
Q8: _ conceives the idea of the business
A)Promoters
B)Directors
C)Auditors
D)None
Q9: _stands in the fiduciary position of the
Q10: _ are the contracts entered into by
Q11: Contracts made after incorporation but before the
Q12: Pre incorporation contract is also known as
Q14: A private company can borrow funds
A)after incorporation
B)after
Q15: A promoter is a person who
A)is a
Q16: When there is a untrue statement in
Q17: Definition of prospectus was given under which
Q18: Which of the following are not required
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents