Question

The document inviting offers from public to subscribe its share is called ________. (Fill in the blank by choosing correct option)
(a) prospectus
(b) share certificate
(c) both 'a' and 'b'
(d) none of these

Answer 1

(a) prospectus

i guess it is right

Answer 2

Answer:

The correct answer would be A, Prospectus.

Explanation:

Generally, a prospectus is a written document of colleges and universities usually, in which student related activities, courses outlines, fee structure, etc are described. But when we talk about the prospectus in financial or company's law terminologies, it is a written document that contains circulars and notices, or documents inviting public offerings, public deposits or public subscription of purchases of shares of the company. This written document inviting offers from public to subscribe its share is called as prospectus.