

McqMate
Q. |
A statement in lieu of prospectus is required to be issued |
A. | by all companies which issue shares or debentures |
B. | by public companies when shares are issued among friends and relatives |
C. | by private companies as they do not issue shares to the public |
D. | by all companies |
Answer» B. by public companies when shares are issued among friends and relatives |
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