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      Question

      _________________ is a brief summary of a prospectus

      filed before the registrar and contains all the salient features of a prospectus
      A Shelf Prospectus Correct Answer Incorrect Answer
      B Deemed Prospectus Correct Answer Incorrect Answer
      C Abridged Prospectus Correct Answer Incorrect Answer
      D Red-Herring Prospectus Correct Answer Incorrect Answer

      Solution

      Explanation: Section 2(1) abridged prospectus: (1) “abridged prospectus” means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf.

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