Categories: Commerce WAEC

The share capital of a company stated in the memorandum of association and approved by the registrar of companies is?
The share capital of a company stated in the memorandum of association and approved by the registrar of companies is?The share capital of a company stated in the memorandum of association and approved by the registrar of companies is?

A. working capital
B. paid-up capital
C. nominal capital
D. called-up capital

Correct Answer:

Option B = paid-up capital

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