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      Question

      The person engaged in the formation of company are known

      as-
      A Directors Correct Answer Incorrect Answer
      B Promoters Correct Answer Incorrect Answer
      C Employees Correct Answer Incorrect Answer
      D Shareholders Correct Answer Incorrect Answer

      Solution

      Persons who form the company are known as promoters. It is they who conceive the idea of forming the company. They take all necessary steps for its registration.

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