Question

Define a prospectus? What are the main objectives of issuing a prospectus?​

Answer 1

Answer:

a small book which gives information about a school or college in order to advertise it is called a prospectus.

To preserve the authentic record of the terms and allotment on which the public have been invited to buy shares or debentures of the company. To secure that the directors of the company accept responsibility for the statements in the prospectus.

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