Question

When the entire issue is underwritten by Mr premkumar he is laible for​

Answer 1

Answer:

then he is liable for all his responsibility...

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Answer 2

When the entire issue is underwritten by Mr Premkumar he is liable for...?

A) No. of shares applied by the public

B) No. of shares underwritten

C) No. of shares underwritten less No. of shares applied by the public

D) None of the above

The correct answer is :

C) No. of shares underwritten less No. of shares applied by the

Explanation :

When the entire issue is underwritten by Mr Premkumar he is liable for number of shares underwritten less the number of shares applied by the public.

Prem Kumar is held liable only for the number of shares held by the public less the number of underwritten shares. There is a difference between the number of shares held by the public and the number of shares underwritten. Only by subtracting the number of underwritten shares is the correct estimate of the number of shares held by the public. Premkumar will be responsible for this number.

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Know something more :

Capital account balance is a ____ balance​?

https://brainly.in/question/38128618

find the odd one out

a. investment

b. reserves

c. loans

d. share capital

https://brainly.in/question/27879346