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The maximum number of shareholders in a public liability company is

The maximum number of shareholders in a public liability company is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A One hundred
  • B Unlimited
  • C Fifty
  • D Twenty
Correct Answer: Option B
Explanation:
To start a company, a minimum number of 7 members are required and no restrictions on maximum number of members as per the provisions of the Companies Act, 2013.
members are unlimited

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