Solution-What the maximum additional amount the

What the maximum additional amount the shareholders be

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Reference no: EM132810184

Problem 1: Tent Ltd issued 15 000 shares with an issue price of $1.60 on which the full price has been paid to the company. The maximum additional amount the shareholders can be asked to contribute if the company cannot pay its debts is:

Select one:

a. There is no limit on the amount the shareholders can be asked to contribute.
b. 60c per share or $9000.
c. $1.60 per share or $24 000.
d. Nil.

Reference no: EM132810184

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What the maximum additional amount the shareholders be

Reference no: EM132810184

Reference no: EM132810184

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