Which of the limited liability companies have a limit of fifty members and do not issues their shares to the public
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Correct Answer: Option A
Explanation:
A private limited liability company is a profit making business with few shareholders and no open market for its shares. The minimum number of shareholders is two and the maximum number is fifty.
A private limited liability company is a profit making business with few shareholders and no open market for its shares. The minimum number of shareholders is two and the maximum number is fifty.