According to the Companies Act, 2013, what is the maximum number of partners allowed in a partnership firm?a.10b.20c.50d.No specific limit

The maximum number of partners allowed in a partnership firm carrying on banking business is:a.10b.20c.50d.No specific limit

Partnership  formation  requires  minimum  and  maximum  number  of  partners respectively

All partners may be limited partnership.Group of answer choicesTrueFalse

Which of the following statements is true?a.A partnership has between two to twenty ownersb.A company has unlimited liabilityc.A sole trader has limited liabilityd.A company can have a maximum of 100 owners

According to the Companies Act, 2013, what is the maximum number of directors allowed on the board of a public company?a.10b.20c.50d.15