Question
Legal Studies Question on Laws of Contract
A Memorandum which contains the salient features that may be specified by the Securities and Exchange Board by making Regulations in this behalf is known as
A
Deemed prospectus
B
Abridged prospectus
C
Red Herring Prospectus
D
Shelf prospectus
Answer
Abridged prospectus
Explanation
Solution
The correct option is (B):Abridged prospectus.