Company Formation Quiz
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Questions and Answers

What is the minimum number of members required to form a public company?

  • 2
  • 3
  • 5 (correct)
  • 7

What is the minimum number of directors required to form a public company?

  • 3 (correct)
  • 5
  • 1
  • 2

What is the maximum number of members allowed in a private company?

  • 10
  • 200
  • 50 (correct)
  • 100

Which type of company has a minimum of 7 members and no maximum limit?

<p>Producer Company (C)</p> Signup and view all the answers

What is the minimum number of directors required to form a public company?

<p>3 (A)</p> Signup and view all the answers

In a private company, what is the maximum number of members allowed?

<p>50 (B)</p> Signup and view all the answers

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