Which document is prepared by the company as an invitation to the public to subscribe for company's share? |
Memorandum of association Articles of association Prospectus None of these |
Prospectus |
A document issued by a company to invite the public and the investors for subscribing the securities is called a prospectus. The prospectus contains detailed information on the securities. A public company can issue the prospectus to offer its shares and debentures, whereas a private company cannot issue prospectus. |