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(True or false?) Subscribed stock means that a stock has been sold with a down payment, is...

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(True or false?) Subscribed stock means that a stock has been sold with a down payment, is unissued, and the remainder is due to be paid later.

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Aswathy S
I am Post Graduate degree holder (ME) in Construction Engineering and Management.I have nearly 2 years Experience in working as Assistant Professor at Department of Civil Engineering In K.R Gouri Amma College of Engineering. I handled the subjects such as Basic Civil Engineering, Surveying,Construction Engineering and Management, Principles of Management, Environmental Engineering and instructed Softwares such as Primavera p6 professional, Revit Architecture and Auto Cad (2D)
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