Question

What is meant by the term ‘Promotion’. Discuss the legal position of promoters with respect to a company promoted by them.

Answer 1

Answer:

Promotion means spreading information about an product, service or issue. Promotion as part of marketing means spreading information about a product, product line, brand, or company. Promotion includes: Publicity and public relations. Advertising.

The legal position of promoters with respect to a company promoted by them are:

1.The company may choose to allot shares to them in order to compensate for their services.

2. Explain the steps taken by promoters in the promotion of a company.

Explanation:

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