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Friday, 24 April 2026
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Shares are said to be authorized when they are ____________

Shares are said to be authorized when they are ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Paid -up
  • B Called up
  • C Offered for sale
  • D Subscribed
Correct Answer: Option C
Explanation:
Authorized shares are defined as the maximum number of shares that a company is legally allowed to issue to investors as per its own determinations

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