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Which of the following statements about share capital is correct? ( 1) Authorised share capital is the maximum amount of share capital that a company is empowered to issue. (2) The amount of authorised share capital cannot be changed. (3) The amount of issued capital cannot exceed the amount of authorised capital. A 1, 2 and 3 B 1 and 3 C 2 and 3 D 1 and 2 |
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