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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 part of issued capital that has actually been called up, and the shareholders have been asked to make payment. It is part of issued capital which is expected of the shareholders to pay for.

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