Which document invites the public that a new company has come into existence and it needs funds for doing business? |
Register of company Certificate of registration Certificate of incorporation Prospectus |
Prospectus |
The correct answer is option 4- Prospectus. The company first issues the prospectus to the public. Prospectus is an invitation to the public that a new company has come into existence and it needs funds for doing business. It contains complete information about the company and the manner in which the money is to be collected from the prospective investors. |