BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The theory Stock Company can be a private company whose minimum membership isA. 2B. 5C. 7D. 10
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A
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B
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C
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D
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A
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Explanation:
Detailed explanation-1: -Private limited company There must be a minimum of 2 shareholders and a maximum of 200. For directors, the minimum is 2 and the maximum is 15.
Detailed explanation-2: -A public company has a minimum of seven members and no maximum limit.
Detailed explanation-3: -The minimum number of members needed to form a private company is at least 2 members. The minimum number of members needed to form a Public Company is at least 7 members. The Maximum number of members in a Private Company is restricted to 200. The Public Company have no restriction on a maximum number of members.
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