A private company can have how many shareholders?Minimum of 1, maximum of 201Minimum of 1, maximum of 502Minimum of 1, no maximum3Minimum of 2, maximum of 20

A partnership can have how many partners?Minimum of 2, maximum of 201Minimum of 1, maximum of 502Minimum of 1, maximum of 203Minimum of 2, maximum of 50

Limited CompanyWhich of the following is true regarding a public limited company? (More than one option can be correct.)There is no upper limit on the number of shareholders.There is unlimited liability for the shareholders.The company’s shares can be traded on the stock exchange.Public limited companies need to have a minimum of 7 shareholders.

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

How many owners are found in a sole proprietorship?Multiple Choiceone ownertwo or more ownersany number of shareholdersup to 100 shareholders

Board of DirectorsWhat is the minimum number of directors for a private limited company, as mandated by law?1234