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Model Paper 2 — Business Studies STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceBusiness StudiesModel Paper 21 Mark
MCQ
A prospectus is issued by:
  • A
    a joint enterprise
  • B
    a public enterprise
  • C
    a private company
  • D
    a public company seeking investment from the public
✓

Answer

(D) a public company seeking investment from the public
Explanation:
A prospectus is a legal document issued by companies that are offering securities for sale.

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