Which of the following is a right of promoter?
A promoter has no inherent right to secret profits or to avoid disclosure, but is entitled to remuneration or reimbursement if this has been agreed, not to unlimited control…
Choose your answer
Which of the following is a right of promoter?
Answer and explanation
Correct answer B
A promoter has no inherent right to secret profits or to avoid disclosure, but is entitled to remuneration or reimbursement if this has been agreed, not to unlimited control over the company.
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