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Who takes part in the incorporation of a company?
27. Who takes part in the incorporation of a company?
- Promoter
- Shareholder
- Owner
- None of the above
Answer: A) Promoter
Explanation:
A 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.