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Which of the limited liability companies have a... - JAMB Commerce 2019 Question

Which of the limited liability companies have a limit of fifty members and do not issues their shares to the public

A

Private limited liability

B

Public limited liability

C

Partnership

D

Co-operative society

correct option: a

A private limited liability company is a profit-making business with fewer shareholders the public limited liability company, and no open market for its shares. The minimum number of shareholders for a private LLC is two and the maximum number is fifty.

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