A issue house (share broker) has issued an advertisement in two leading
newspapers for selling a big number of shares allotted to it by a
company under a private placement. In which of the following conditions
the advertisement will not be deemed as prospectus:

Options:

(a) Advertisement was given within six months from the date of
allotment

(b) Advertisement was given after six months from the date of
allotment and the issue house paid the entire consideration to
the company

(c) The issue house did not pay entire consideration to the company
till the date of allotment

(d) advertisement was given within three month from the date of
allotment