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Question : Shares can be issued:-

Option 1: For cash only

Option 2: For credit only

Option 3: For cash or consideration other than cash 

Option 4: For consideration other than cash only


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: For cash or consideration other than cash 


Solution : Answer = For cash or consideration other than cash 

1. Issue of Shares for Cash: When shares are issued for cash, investors purchase shares directly from the company by paying the agreed-upon price per share in cash.

2. Issue of Shares for Consideration Other Than Cash: In some cases, shares may be issued by a company in exchange for consideration other than cash. This consideration may take various forms, such as assets, property, services, or the settlement of debts.

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