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Commerce · Q564

Business and Commerce

Graduate and Post Graduate · Commerce · question 564

Q564

Which of the following does not apply to a public company

A.
It allows transfer of shares to its members
B.
It can invite the public to buy shares
C.
Share allotment cannot take place until the subscription is approved or paid
D.
It cannot issue share warrant
Answer

Answer: Option D

Solution

Answer: Option D
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