The portion of share capital which the company has asked shareholder to pay is?

Assessment: WAEC SSCE - Commerce - 2018 (Objective) Subject: Commerce

Question 1 Report

The portion of share capital which the company has asked shareholder to pay is?

Answer Details
The portion of the share capital that a company has asked its shareholders to pay is called "called-up capital". Share capital is the total amount of money that a company raises by issuing shares to investors. The company may decide to issue shares for only a portion of the total share capital and ask the shareholders to pay for only that portion. This portion of the share capital that the company has asked the shareholders to pay is referred to as the "called-up capital". So, in simple terms, "called-up capital" is the portion of the total share capital that a company has asked its shareholders to actually pay for.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning