Depending on its constitution and the terms of the prospectus, a company that receives more than the required number of applications for its shares will normally:

Name: Depending on its constitution and the terms of the prospectus, a company that receives more than the required number of applications for its shares will normally:
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

The company may either refund the excess to unsuccessful applicants or retain the excess to satisfy future calls, depending on its constitution and terms of the prospectus.

Depending on Its Constitution and the Terms of the Prospectus