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Part payments made on allotted shares by subscribers is usually the

Part payments made on allotted shares by subscribers is usually the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Subscribed capital
  • B Authorized capital
  • C Issued capital
  • D Called-up capital
Correct Answer: Option D
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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