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Commerce · Q704

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 704

Q704

The capital which is part of the uncalled capital of the company which can be called up only in the event of its winding up it is called:

A.
Issued capital
B.
Nominal capital
C.
Authorized capital
D.
Reserve capital
Answer

Answer: Option D

Solution

Answer: Option D
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