Question : Liability of a shareholder is limited to _______________ of the shares allotted to him.
Option 1: Paid up Value
Option 2: Called up value
Option 3: Face Value
Option 4: Reserve Price

Question

Question : Liability of a shareholder is limited to _______________ of the shares allotted to him.

Option 1: Paid up Value

Option 2: Called up value

Option 3: Face Value

Option 4: Reserve Price

Team Careers360 · Accepted Answer

Correct Answer: Face Value

Solution : The shareholder's liability is only for the face value of the shares that were issued to him.

Hence, the correct answer is option 3.

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Question : Liability of a shareholder is limited to _______________ of the shares allotted to him.Option 1: Paid up ValueOption 2: Called up valueOption 3: Face ValueOption 4: Reserve Price

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Question : Liability of a shareholder is limited to _______________ of the shares allotted to him.
Option 1: Paid up Value
Option 2: Called up value
Option 3: Face Value
Option 4: Reserve Price

Question : Liability of shareholder is limited to...............of the shares allotted to him.
Option 1: Called up Value
Option 2: Face Value
Option 3: Paid up Value
Option 4: Reserve Price

Question : The liability of a shareholder is limited to _________ of the shares allotted to him.
Option 1: Paid up value
Option 2: Called up value
Option 3: Face value
Option 4: Reserve price

Question : The liability of a shareholder is limited to _________ of the shares allotted to him.
Option 1: Paid up value
Option 2: Called up value
Option 3: Face value
Option 4: Reserve price

Question :
When shares are forfeited, Share Capital Account is debited with
Option 1: Nominal (face) value of shares
Option 2:
Called-up share capital

Option 3: Paid-up value of shares
Option 4: Market value of shares

Question :
When shares are forfeited, Share Capital Account is debited with
Option 1: Nominal (face) value of shares
Option 2:
Called-up share capital

Option 3: Paid-up value of shares
Option 4: Market value of shares