The maximum number of shareholders in a public liability company is

Commerce JAMB 2018

The maximum number of shareholders in a public liability company is

  • One hundred
  • Unlimited checkmark
  • Fifty
  • Twenty

The correct answer is: 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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