A share is under-subscribed when
...A share is under-subscribed when
It is offered for sale at less than the nominal value
It is offered for sale at nominal value
The number of shares applied for is less than the offer
It is offered for sale at more thn norminal value
The number of shares applied for is more than the offer
Correct answer is C
No explanation has been provided for this answer.
When shares are sold at less than the nominal value, it means they are issued at ...
The difference between factory cost of goods produced and its market value is ...
Carriage outwards is charged to ...
The movement of goods from head office to a branch is treated in the head office as ...
Opening stock + Purchases + carriage inwards is equal to ...