NCERT · Class 11 · Business Studies · Forms of Business OrganisationsMinimum number of members required to form a public company is:
Step-by-Step Solution
To form a public company, a minimum of 7 members are required, with no limit on the maximum number of members.
Detailed Options Breakdown
Option : 2
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 1: 7 (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: 50
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 3: 100
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
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