Hanna subscribed for 2,000 shares with P50 par value for P60 each, or a total of P120,000. Hanna was able to pay P60,000 and was unable to pay the other half. Now, Hanna is demanding the issuance of half of shares, i.e., 1,000 shares, since she was able to pay half of the subscription price. Can Hanna do so?how?

Answer rating: 100% (QA)

Answer In this scenario Hanna has subscribed for 2000 shares with a par value of P50 each at a subsc... View the full answer