Commerce
JAMB 2023
Parts payments made on alloted shares by subscribers is usually the
-
A.
authorized capital
-
B.
subscribed capital
-
C.
called -up capital
-
D.
issued capital
Correct Answer: Option C
Explanation
Called up share capital is shares issued to investors, under the understanding that the shares will be paid for at a later date or in installments.
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}