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Promoter is a person who ________.

A. takes part in the incorporation of a company

B. is a director

C. is a relative of the managing director

D. works to publicity to the company

Answer: Option A

Solution(By Examveda Team)

Promoter is a person who takes part in the incorporation of a company. A promoter is the one, who undertakes to form a company with reference to a given object and sets it going and takes the necessary steps to accomplish that purpose.

This Question Belongs to Commerce >> Business And Commerce

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Comments ( 1 )

  1. Ram Kishan
    Ram Kishan :
    3 years ago

    A shareholder in a company

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