Correct Answer: For cash or consideration other than cash

Solution : Answer = For cash or consideration other than cash

1. Issue of Shares for Cash: When shares are issued for cash, investors purchase shares directly from the company by paying the agreed-upon price per share in cash.

2. Issue of Shares for Consideration Other Than Cash: In some cases, shares may be issued by a company in exchange for consideration other than cash. This consideration may take various forms, such as assets, property, services, or the settlement of debts.