Q237
Which of the following capital is required for the registration of the company?
A.
Issued capital
B.
Subscribed capital
C.
Authorized capital
AnswerD.
Reserve capital
Answer: Option C
Solution
Answer: Option C
Solution:
Authorized capital is required for the registration of the company. The authorized capital of a company (sometimes referred to as the authorized share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorized by its constitutional documents to issue (allocate) to shareholders.