When shares are oversubscribed, the promoter nay decide to scale down the number of shareholding when this is done, the shares are being
A forfrited
B issued at a discount
C issued on prorata
D issued at par
Answer is C
Do you need a better understanding of this subject?
Do you need assignment help or homework help, tips and expos on how to pass your exams excellently well in any of your subjects? Click Here To Get Started.
This tutorial class is limited to 250 students only. JOIN OTHER STUDENTS NOW ON TELEGRAM
Virus-free. www.avg.com |