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The maximum number of individuals that can form a private company is ____________

The maximum number of individuals that can form a private company is ____________
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  • A 10.
  • B 20.
  • C 28.
  • D 50.
  • E 70.
Correct Answer: Option D
Explanation:
According to most company laws, a private company can have a maximum of 50 shareholders.

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