If a subscriber pays more than half of a partially paid stock subscription, what may the corporation do with the remaining steps?

If a subscriber pays more than half of a partially paid stock subscription, what may the corporation do with the remaining steps?

• A. Cancel the stock
• B. Hold the payment as an additional contribution
• C. Seek an alternate buyer and, after expenses, distribute the surplus to the subscriber
• D. Immediately declare dividends on the stock

Answer: (C)