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Commerce · Q257

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 257

Q257

This prospectus is an extended version of the Draft Prospectus with additional detail about IPO dates, price and latest financial data. This is issued in order to test the market before finalizing issue size/price is known as:

A.
deemed prospectus
B.
shelf prospectus
C.
red herring prospectus
Answer
D.
none of the above

Answer: Option C

Solution

Answer: Option C
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