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Question 12

A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due
What is the company's registered capital?

  • A.#50,000.00
  • B.#80,000.00
  • C.#200,000.00
  • D.#400,000.00
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1999
Question no.
#12
Type
Objective
Previous · Q11Which of the following is formed in order to enforce the rights and powers of… Next · Q13 A public Limited Company whose nominal capital is made up of 400,000 ordinary…

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