Question on: JAMB Commerce - 1999
A company has an authorized capital of 40 million shares at N1 per share, out of which 32 million shares have been issued and fully paid-up. The remaining 8 million shares have
A
been issued but have not been paid-up
B
been applied for but not issued
C
not been paid-up
D
not yet been issued
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Correct Option: D
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