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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 Nominal capital
  • B Paid-up capital
  • C Authorized capital
  • D Called-up capital
Correct Answer: Option D
Explanation:
Called-up capital is the part of issued share capital that the company has formally requested shareholders to pay. It represents the amount that the company has called upon subscribers to contribute.

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