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Question
The minimum number of members to form a private company is ______.
Options
2
3
5
7
MCQ
Fill in the Blanks
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Solution
The minimum number of members to form a private company is 2.
Explanation:
A Private Company must have a minimum of 2 members and can have a maximum of 200 members (excluding present and past employees who are members).
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Chapter 17: Various Business Entities - EXERCISES [Page 254]
