7. A company issued aprospectus containing mis-statements in the prosp

1.	7. A company issued aprospectus containing mis-statements in the prospectus, Xrelying on the prospectus,applied for and was allottedshares. Later on, he sold theshares to Y. Y, realizes the mis-statement in the prospectus. Canhe bring an action on the groundof mis-statement in theprospectus?OYesΟ ΝοOIt is at the option of the YO It is not a prospectus
Answer» ANSWER: what Explanation: PLEASE MARK me as BRAIN LIST

7. A company issued aprospectus containing mis-statements in the prospectus, Xrelying on the prospectus,applied for and was allottedshares. Later on, he sold theshares to Y. Y, realizes the mis-statement in the prospectus. Canhe bring an action on the groundof mis-statement in theprospectus?OYesΟ ΝοOIt is at the option of the YO It is not a prospectus

Answer»

what

Explanation:

PLEASE MARK me as BRAIN LIST