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