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Question
The number of members in a private company are:
Options
Minimum = 5 Maximum = 100
Minimum = 2 Maximum = 200
Minimum = 7 Maximum = No limit
None of these
MCQ
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Solution
Minimum = 2 Maximum = 200
Explanation:
A private company must have at least two members and the maximum number of members allowed is 200. This is according to the Companies Act.
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