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Adjustment in Partner's Capital A/c (Retirement)

What term is ...

Question

What term is used for maximum capital which the company can raise in its lifetime?

A

Authorized Capital

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B

Registered Capital

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C

Nominal Captial

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D

All of them

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E

None of these

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Solution

The correct option is D All of them
Authorized Capital, Registered Capital, Nominal Captial are the following terms used for maximum capital which the company can raise in its lifetime.

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