Question

The unpaid amount on shares that a company can call upon

Q: Answer-The unpaid amount on shares that a company can call upon from its shareholders at a later date is ca...

Uncalled Capital is that part of the subscribed capital which has not yet been called up by the company. The company can demand this amount as and when needed, subject to the terms of the share issue.

from its shareholders at a later date is called:

A Called-up Capital

B Paid-up Capital

C Reserve Capital

D Uncalled Capital

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The unpaid amount on shares that a company can call upon

Solution