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Minimum subscription amount is relatedto which share capital?(A) Authorized capital(B) Issued capital(C) Paid up capital(D) Reserve capital18. |
Answer» <p>A. Authorized Share Capital: </p><p>The maximumamountof share capitala company is allowed to raise is called itsauthorized capital. </p><p>Though this does not limit thenumberofsharesa company may issue, it does put a ceiling on the totalamountof money that can be raised by the sale of those shares</p><p>Please hit a like </p> | |