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FC
Question Practice

What is a key characteristic of a promoter's role before incorporation?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Formation of a Company
Question Bank

What is a key characteristic o...

Single Answer MCQ
Q-00064849

What is a key characteristic of a promoter's role before incorporation?

1

Legal immunity from liabilities

2

Entitlement to profits without disclosure

3

Personal liability for pre-incorporation contracts

4

Right to infringe on articles of association

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