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Business Studies

MOA and AOA

In relation t...

Question

In relation to liability of the shareholders of a limited company the share holders may be asked to pay the __________.

A

Unpaid value of shares

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B

Paid up value of shares

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C

Uncalled amount per shares

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D

Any of above

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Solution

The correct option is B Unpaid value of shares
Shareholder have to pay the paid up value of shares. Therefore unpaid value of shares is a liability to shareholders and whenever it is called by the company it has to be paid by shareholders.

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