- 1 Marks
Question
The part of issued capital which has been paid up by the shareholders is ………………………….
Answer
Paid-up capital
Explanation:
Paid-up capital refers to the portion of the issued capital of a company that shareholders have paid in full. This represents the amount of money shareholders have invested in the company through the purchase of its shares.
- Tags: Capital, Company Law, Issued Capital, Shareholders
- Level: Level 1
- Topic: Company Law
- Series: NOV 2011
- Uploader: Theophilus