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What is the term for the part of a company's authorized capital that is offered to the public for subscription?

Business/Management

ScanSolve AI Answer

Answer

C\text{C}

Step-by-step solution

2 steps
  1. Analyze Question 1.

    Question 1 asks for the term describing the part of a company's authorized capital offered to the public for subscription.

    • Issued capital is the portion of a company's authorized capital that has been offered to the public for subscription and allotted to shareholders.
    • Called-up capital is the portion of issued capital that the company has requested shareholders to pay.
    • Paid-up capital is the portion of called-up capital that shareholders have actually paid.
    • Nominal capital (or authorized capital) is the maximum amount of share capital a company is authorized to issue.

    The correct definition matches issued capital.

    The final answer is C\boxed{\text{C}}

  2. Step 2

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