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A person will be deemed to be a promoter if the person: A. Does not actively take part in the formation of the company B.

A person will be deemed to be a promoter if the person: A. Does not actively take part in the formation of the company B. Is not actively involved in the formation of the company, but stands to gain some advantage form its incorporation C. Is inactive in the formation of the company, but lent money for a certain period to the people involved in the incorporation; D. Is an accountant who provides professional advice to the people involved in the formation of the company

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