WAEC Commerce 2018 Objective — Question 11
Question 11 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
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The portion of share capital which the company has asked shareholders to pay is
- A. called-up capitalCorrect
- B. authorized capital
- C. paid up capital
- D. unpaid capital
Explanation
Called-up capital is the portion of share capital that a company has actually requested/called shareholders to pay.
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