If there is any mis-statement in the prospectus then it would attract the liability on

Related MCQs

• A prospectus which does not have complete particulars on the price of securities offered and the quantum of securities offered by the company is known as
• A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as
• Which of the following is a method of discharge from liability?
• The liability of the partners will continue for the acts done before the dissolution, even after the dissolution, until
• Where the endorser does not want that the endorsee or any other holder to incur any expense on his account is called
• XYZ Ltd., to which the Payment of Wages Act, 1936 is applicable, fixes the wages period of 36 days. You as a Cost and Management Accountant of the Company, how would youadvice the company.
• Business ethics are needed to create a faith about the quality, quantity, price etc. of products. The customers have more trust and faith in the businessmen who follow ethical rules. They feel that such businessmen would not cheat them. Which one of the following is appropriate for it?
• If the agreement is made by obtaining consent by doing an act forbidden by the Indian Penal Code, the agreement would be caused by:
• No female child shall be allowed to work in any factory except between ________________.
• X and Y agree to divide the profits of a business in equal shares but the loss if any is to be borne by X only. The partnership agreement is