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The nominal value of a share as specified in the Memorandum of Association and the ...

The nominal value of a share as specified in the Memorandum of Association and the share certificate is the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Discounted value
  • B Stock value
  • C Face value
  • D Par value
Correct Answer: Option C
Explanation:
The nominal value of a share is also known as its face value. It is the value assigned to the share when it is issued and is stated on the relevant company documents and share certificate.

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