Discussion Forum : Sources Of Business Finance
Question -


______ is a prerequisite to creation of a company.

Options:
A .   Issuing preference shares
B .   Issuing equity shares
C .   Retaining earnings
D .   All of the above
Answer: Option B
:
B

Issuing equity shares is a prerequisite to the creation of a company. When a company is formed it can issue shares to the public or to private individuals.



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