Question

Prospectus can be issue
(a) Private company on
fb) Public company
(c) Both
.​

Answer 1

Answer:

Answer ❤️

b) public company.

because:

A prospectus is basically a formal and legal disclaimer document issued by a body corporate which acts for inviting offers from public for subscriptions or purchase of any securities.

Every public company is entitled to issue the prospectus for its shares or debentures. But , the same is not required for a private company.

hope help you...