Multiple choice

In a company, who among the following conceive the idea of business?

  1. Promoters

  2. Auditors

  3. Directors

  4. Shareholders
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A promoter conceives an idea for setting-up a particular business at a given place and performs various formalities required for starting a company. A promoter may be an individual, firm or association of persons or a company.

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