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Home › Bihar Board Class 12 (Commerce) › Business Studies › Formation of a Company › In the UK, subscribers in a memorandum agree to …

In the UK, subscribers in a memorandum agree to take at least how many shares each?

ATen shares
BOne share
CFifty shares
DFive shares
Answer & Solution
Correct answer: B. One share
The memorandum states that subscribers agree to become members and take at least one share each.
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