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A company iss...

Question

A company issued 10,000 shares to the public and the company received applications for 8,000 shares from the public. This situation is called ?

A

Under subscription of shares

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B

Call in Arrear

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C

Default by share holder

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D

Call in Advance

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Solution

The correct option is A
Under subscription of shares

A company issued 10,000 shares to the public and the company received applications for 8,000 shares from the public. This situation is called under-subscription of shares.

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