Examlex
Which of the following is correct?
Corporate Veil
A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company's debts and obligations.
Promoter
An individual or entity that initiates the formation of a company, raises capital for it, and takes necessary steps to legally establish the business.
Initial Setting
The original conditions or parameters established at the beginning of a process or activity.
Public Share Offering
The process of offering shares of a private corporation to the public in a new stock issuance, allowing the company to raise capital from public investors.
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