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Pick out the wrong statement. | |
A. | Partnership is suitable for medium size business. [Wrong Answer] |
B. | A certain minimum of subscription of capital is required for legally starting a business in a Public Limited Joint Stock Company. [Wrong Answer] |
C. | Public Limited Joint Stock Company is legally bound to issue prospectus after registration. [Wrong Answer] |
D. | A small scale industry is the one, which has a minimum capital investment of Rs. 50 lakhs and maximum 100 lakhs. [Correct Answer] |