Formation of a Company Flashcards - Class 11 - Commerce Business Studies | Kedovo | Kedovo

Dashboard Business Studies Formation of a CompanyFlashcards

Flashcards

Formation of a Company

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Question

What are the three distinct stages in the formation of a public company?

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Answer

The three stages are:

Promotion: Conceiving the business idea and taking steps to form the company.
Incorporation: The legal registration process of the company.
Capital Subscription: The process of raising funds from the public.

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