Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

That portion of the share capital which cannot be called - up except on the winding up is known as A ) Called - up

That portion of the share capital which cannot be called-up except on the winding up is known as
A) Called-up Capital
B) Paid-up Capital
C) Authorised Capital
D) Reserve Capital

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Enterprise Information Systems A Pattern Based Approach

Authors: Cheryl Dunn, J. Owen Cherrington, Anita Hollander

3rd Edition

0072404299, 978-0072404296

More Books

Students also viewed these Accounting questions