Company has an authorized capital of 100millon shares at ...
Company has an authorized capital of 100millon shares at N1 per share, out of which 50 million shares have been issued and fully paid-up, the remaining 50 million shares have?
Not yet been issued
Been applied for but not issued
Not been paid-up
Been issued but have not been paid-up
Correct answer is A
Of the 100 million shares, 50 million has been issued and fully paid, this means that the remaining part of the shares has not been issued.
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