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Parts payments made on alloted shares by subscribers is usually the

Parts payments made on alloted shares by subscribers is usually the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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.

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