Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

How do I practice JAMB past questions on Examkits?

You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

Does Examkits work offline?

Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

COMMERCE

JAMB 2012 - Question 30

Commerce 2012 JAMB Past Questions - Question 30: A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?

Choose the most appropriate option for the gap .

A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?

A: It has been issued but not paid-up

B: It has been applied for but not issued

C: It is not paid-up

D: It is not yet been issued

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COMMERCE

Commerce 2012 JAMB Past Questions - Question 30: A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?

Examkit's JAMB CBT App

Correct Answer

Explanation