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Question
Select the proper option from the options given below and rewrite the completed sentence.
The minimum numbers of persons required for the registration of a private company is ________.
Options
5
2
7
Solution
The minimum numbers of persons required for the registration of a private company is 2.
Explanation:
A private company is formed with minimum two persons. Thus, it can be registered when there are atleast two members. On the other hand, a public limited company is formed with minimum 7 members.
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