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Who takes part in the incorporation of a company?

27. Who takes part in the incorporation of a company?

  1. Promoter
  2. Shareholder
  3. Owner
  4. 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.

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