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How many members a Public limited company has?

Business registered under partnership has to have at least

Business Ownership

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Chapter 8 of Entrepreneurship Course

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Questions 9

Answers

1
Business registered under partnership has to have at least
Two persons
Four persons
no limit
20 persons
2
How many members a Public limited company has?
At least 20 and no maximum limit
No minimum and no maximum limit
At least 7 and no maximum limit
At least 2 and no maximum limit
3
Limited here means the members is limited to the amount of what, when facing liabilities
assets
profits
borrowings
shares
4
The "public" means
The shares are restricted to be purchased by the members
The shares can be easily purchased by public
The shares can be purchased and sell it again by public
The reselling of shares are restricted only among members
5
At the end of the name of the Private Limited Company must carry the words
Ptd Ltd
Co Ltd
Co
Ltd
6
The following are the characteristics of a partnership EXCEPT
Partners can contribute money, labour or skills
In all conditions, all partners share the profits and losses
Owners are called partners
All the above
7
For a private limited company, the total number of members must be
At least 2 and not more tha 100 persons
At least 2 and not more than 50 persons
At least 2 and not more than 200 persons
At least 2 and not more than 200 persona
8
In sole proprietorship, profits belong to the
partners
share holders
owner
investors
9
The Simplest business form with minimal legal requirement is
Public limited company
Sole partnership
Sole proprietorship
Private limited company