Question

Select the proper option from the options given below and rewrite the completed sentence.
The minimum numbers of persons required for the registration of a private company is ________.

Options

• 5

• 2

• 7

Answer 1

The minimum numbers of persons required for the registration of a private company is 2.
Explanation:
A private company is formed with minimum two persons. Thus, it can be registered when there are atleast two members. On the other hand, a public limited company is formed with minimum 7 members.