Q. Who has certain remedies for misstatement in the prospectus against the company and the persons issuing the Prospectus? (Solved)
1. a person who has applied for shares in the company and who has been allotted shares.
2. a buyer of shares in the open market.
3. a subscriber to the memorandum.
4. all the above.
- a. a person who has applied for shares in the company and who has been allotted shares.