Company Promoters

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Questions and Answers

What is one of the key duties of promoters towards the company and its future shareholders?

  • Providing complete and accurate information to potential investors (correct)
  • Raising initial capital
  • Organizing and planning the company's structure
  • Conceiving the idea of forming a company

What is one of the key roles of promoters in the creation and establishment of a company?

  • Organizing and planning the company's structure
  • Conceiving the idea of forming a company (correct)
  • Raising initial capital
  • Providing complete and accurate information to potential investors

Which of the following is NOT a role of promoters in the creation and establishment of a company?

  • Organizing and planning the company's structure
  • Raising initial capital
  • Drafting legal documents (correct)
  • Conceiving the idea

What is one of the legal procedures handled by promoters in the creation and establishment of a company?

<p>Drafting the company's memorandum and articles of association (D)</p> Signup and view all the answers

What is one of the key roles of promoters in the creation and establishment of a company?

<p>Raising initial capital (D)</p> Signup and view all the answers

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