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Which of the following is true

Which of the following is true concerning issuing shares?
A、A company must receive full payment of the nominal value of a share when it is issued B
A、shareholder who did not pay the full nominal value of their share on issue, must pay any unpaid amount before selling the share
C、Where a shareholder did not pay the full nominal value of their share on issue, the debt transfers to the new shareholder if the share is sold



【参考答案及解析】
The company does not have to receive the full nominal value of the share when it is issued. Such shares are known as partly-paid shares. Any balance owing transfers to the new shareholder if the share is sold.
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