Q151
Which one of the following statement is not correct?
A.
A private company is not required to prepare a Statutory Report
B.
Sharing of profit is a prima facie, but not conclusive, evidence of partnership
C.
The maximum number of members in a private company can be 50
D.
The minimum number of members in a private company should not be less than 7
AnswerAnswer: Option D
Solution
Answer: Option D
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