Which of the Following Statements About a Prospectus Is Not

question 14

Multiple Choice

Which of the following statements about a prospectus is not correct?

• A)It is used by proprietary companies when they seek to raise funds.
• B)It must contain all relevant information that investors and their professional advisors would reasonably require to make an informed investment decision.
• C)It must not be misleading or deceptive.
• D)It is required for raising debt capital and equity capital.

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