Post Utme Unn 2018 Commerce Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNN • 2018 • COMMERCE • objective

A company's articles of association provide for a minimum share capital of ₦1,000,000. The company issues 10,000 shares of ₦100 each. What is the company's total share capital?

Answer Options

A. ₦1,000,000
Correct Answer B. ₦10,000,000
C. ₦100,000,000
D. ₦1,000,000,000
Correct Answer
B
Correct Option:
₦10,000,000

About This Question

This is Post Utme Unn 2018 Commerce Question 37. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support