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The part of issued share capital that the company has asked the subscribers to pay for

The part of issued share capital that the company has asked the subscribers to pay for
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Authorised capital
  • B Called-up capital
  • C Nominal capital
  • D Paid-up capital
Correct Answer: Option B
Explanation:
Called-up capital is the portion of issued share capital that the company has formally requested shareholders to pay. It may not be the same as paid-up capital because some amounts called may still remain unpaid.

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