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What are the common law duties of a promoter?

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Common law roles of a promoter

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Some of the common law duties of a promoter include:

  • To come up with a company's registration name
  • To prepare the company's constitution necessary for incorporation
  • To initiate registration of a company
  • To get service of directors
  • To cater for startup expenses
  • To prepare a company's prospects
  • To buy assets for the company
  • To initiate business transactions on behalf of the company
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