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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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