The ownership of a public limited liability company is made up of?

A. two to twenty persons
B. minimum of two and maximum of fifty
C. minimum of seven and no maximum number
D. owner owned by the government

Correct Answer:

Option C – minimum of seven and no maximum number

Explanation

In order for a company to be public, it should have a minimum of 7 members (maximum unlimited). Limited liability: The liability of a public company is limited. No shareholder is individually liable for the payment.