Part payments made on allotted shares by subscribers is usually the

Part payments made on allotted shares by subscribers is usually the

  • 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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