Question number 13 please !!!

Dear student,

the answer to this question is (B)  subscribed but not fully paid up.
it must be kept in mind that shares are said to be "subscribed but not fully paid up" under the following two condition-

(a) firstly, when a company called up the full nominal value of the share but shareholder has not paid some part of the nominal value (above question said that share has been forfeited, it means some part of nominal value has been paid by the shareholder which has been forfeited)
(b) secondly, when the company has not called up the full nominal value of the shares

Regards!!

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Option b
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