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The Prospectus must be issued to the public within ______________ days of its date
  • a)
    30
  • b)
    60
  • c)
    90
  • d)
    100
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The Prospectus must be issued to the public within ______________ days...

To determine the number of days within which the Prospectus must be issued to the public, we need to refer to the relevant regulations or laws governing the issuance of the Prospectus. Generally, the answer depends on the jurisdiction and specific regulations applicable in that jurisdiction. However, I will provide a general answer based on common practices.
Prospectus Issuance:
The Prospectus is a legal document that provides information about an investment opportunity to potential investors. It usually includes details about the company, its financials, the purpose of the investment, risks involved, and other relevant information.
Timeline for Issuance:
The timeline for issuing a Prospectus may vary depending on the jurisdiction and applicable regulations. However, as a general guideline:
- The Prospectus must be issued to the public within a certain number of days from its date.
- The purpose of this requirement is to ensure that potential investors have adequate time to review the information before making an investment decision.
Answer:
Based on the options provided, the correct answer is Option C: 90 days.
It is important to note that this answer is a general guideline and may vary depending on the jurisdiction and specific regulations applicable in that jurisdiction. Therefore, it is always advisable to refer to the relevant laws and regulations to determine the exact timeline for issuing a Prospectus in a specific jurisdiction.
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Read the following passage and answer the question that follows:The ordinalist revolution originates in the criticism of the psychological foundations of the theory of demand, namely, the principle of decreasing marginal utility as Alfred Marshall ([1890] 1898) used it. The rejection of hedonist hypotheses led Irving Fisher (1892) and Pareto (1896–97, 1900, 1909) to favour an objective or “positive” approach to economic concepts.The “ordinalist revolution” (Ormazabal 1995, 116) is grounded in a methodological transformation of economics that put the facts of objective experience as a foundation of economics and provided a research program for the ensuing years (Green and Moss 1993; Lewin 1996). Mathematically, ordinalism is entirely based upon the idea that one can dispense with the use of a specific utility function and that no meaning shall be attached to utility measurement, except as an ordinal principle.Clearly, the development of ordinalist must be separated from the introduction of the concept of the indifference curve. Ordinalism was first advocated in Fisher’s “Mathematical Investigations” (1892) and Pareto’s Suunto (1900) and Manual ([1909] 1971), while the indifference curve had appeared in F. Y. Edge worth’s Mathematical Psychics (1881). It was thus only through Fisher’s and Pareto’s recasting that the concept of the indifference curve became irreversibly associated with the promotion of ordinalism.Along the way, the recasting of the theory of choice along ordinalist lines raised a number of issues (about integrability, measurability, and complementarity) that would be progressively settled. A reasonable closing date for the ordinalist revolution is 1950, after Houthakker (1950) and Samuelson’s (1950) contributions.From the late 1920s, the Paretian school was progressively gaining a larger audience while the use of the concept of marginal utility and other derivative concepts was challenged. Consequently, demand theory was recast along the principlesof individual preferences and ordinal utility functions. Nevertheless, English authors proved very silent about the meaning of indifference curves. Most if not all of the reflections after 1920 about the nature of indifference curves took place in America, mainly under the impulse of Henry Schultz at Chicago. This is an American story.Q. Which of the following is not the way of studying Utility?

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The Prospectus must be issued to the public within ______________ days of its datea)30b)60c)90d)100Correct answer is option 'C'. Can you explain this answer?
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