Q31
Promoter is a person who ________.
A.
takes part in the incorporation of a company
AnswerB.
is a director
C.
is a relative of the managing director
D.
works to publicity to the company
Answer: Option A
Solution
Answer: Option A
Solution:
Promoter is a person who takes part in the incorporation of a company. A promoter is the one, who undertakes to form a company with reference to a given object and sets it going and takes the necessary steps to accomplish that purpose.