A public limited liability company having a nom... - JAMB Commerce 1997 Question
A public limited liability company having a nominal capital made up of 200 000 ordinary shares of 50k each decided to issued 50% of it to the public.
What is the authorized capital?
What is the authorized capital?
A
N40 000
B
N50 000
C
100 000
D
200 000
correct option: b
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