Pick out the wrong statement

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Pick out the wrong statement.

A. Partnership is suitable for medium size business

B. A certain minimum of subscription of capital is required for legally starting a business in a Public Limited Joint Stock Company

C. Public Limited Joint Stock Company is legally bound to issue prospectus after registration

D. A small scale industry is the one, which has a minimum capital investment of Rs. 50 lakhs and maximum 100 lakhs

Answer: Option D

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