Skip to main contentSkip to solution

Nominal share capital is :

Solution

✅ Correct Option: 3

Nominal capital is another name for authorised or registered capital. It is the maximum amount of share capital stated in the capital clause of the Memorandum of Association that the company is permitted to issue. Option 1 describes issued capital, option 2 subscribed capital and option 4 paid-up capital.

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question