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Forming a company is divided into which three stages?
APayment, inspection, selection
BPromotion, incorporation, subscription
CPlanning, printing, publication
DPurchase, insurance, submission
Answer & Solution
Correct answer: B. Promotion, incorporation, subscription
1. The idea comes first.
2. Registration follows, then raising capital.
3. The stages are promotion, incorporation and subscription.
_Source: NCERT Class 11 Business Studies, Chapter 7, Formation of a Company._
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