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Questions and Answers
What is the advantage of floating a company?
What is the advantage of floating a company?
- Raising capital from a select group of persons
- Not needing to advertise
- Being exempt from legal provisions
- Raising capital from the public at large (correct)
What is contained in Chapter III of the Act?
What is contained in Chapter III of the Act?
- Provisions relating to tax deductions
- Provisions relating to employee benefits
- Provisions relating to raising of capital (correct)
- Provisions relating to company management
What is the difference between 'Public Offer' and 'Private Placement' of securities?
What is the difference between 'Public Offer' and 'Private Placement' of securities?
- Public Offer is for raising capital from a defined group of persons, while Private Placement is for raising capital from the public at large.
- Public Offer and Private Placement are both illegal ways of raising capital.
- Public Offer is for raising capital from the public at large, while Private Placement is for raising capital from a defined group of persons. (correct)
- Public Offer and Private Placement are the same thing.
What is Chapter III of the Act about?
What is Chapter III of the Act about?
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What is the purpose of advertising when raising capital through a 'Public Offer'?
What is the purpose of advertising when raising capital through a 'Public Offer'?
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What is the difference between a 'Public Offer' and a 'Private Placement of securities'?
What is the difference between a 'Public Offer' and a 'Private Placement of securities'?
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