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1. Authorised capital is the amount of capital with which the company intends to be registered is called Nominal or Registered or Authorised capital. It

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1. Authorised capital is the amount of capital with which the company intends to be registered is called Nominal or Registered or Authorised capital. It is the maximum amount which the company is authorised to raise by way of public subscription. (0.5 Points) True false 2. Subscribed capital is that part of the issued share capital which is actually offered to the public. (0.5 points) true False 3. What are the characteristics of a company? D (1.5 points) Enter your

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