Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence :
As per Table A, the amount on call on a share must not exceed ____________ percent.

Options

• 5

• 10

• 20

• 25

Answer 1

As per Table A, the amount on call on a share must not exceed 25 per cent.

Explanation:  A company cannot call more than 25% of the nominal value of shares in one call.