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The amount which a company is empowered to raise for a business is its

Commerce
NECO 2003
The amount which a company is empowered to raise for a business is its
  • A. called-up-capital
  • B. nominal capital
  • C. paid-up capital
  • D. issued capital
  • E. working capital
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Correct Answer: Option B
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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