Question

How many minimum members are required in a public company?
(a) 8 (b) 5 (c) 4 (d) 7

Answer 1

Answer:

8 is your answer

I HOPE it helps you

Answer 2

The minimum number of members required to form a public company is (d) 7

Explanation:

• A public limited corporation is a non-profit membership organization that can be formed by seven or more people.
• It seems to have a separate legal identity from the individuals who make up its membership, thus existing as two separate entities.
• It has to have a minimum of seven members. However, there is no cap on the number of members it can have.
• Therefore, the answer is (d) 7 as it is the minimum requirement.