The amount called in respect of a share but not paid before or on the…

The amount called in respect of a share but not paid before or on the date fixed for payment is referred to as:

  • A.
    Call in advance
  • B.
    call in arrears
  • C.
    forfeiture
  • D.
    shares
Correct Answer: Option B
Explanation

is the amount called by the company which is not paid by the shareholders before the due date fixed for payment

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