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 Answer: Option A
Explanation
A private limited liability company is a profit making business with few shareholders and no open market for its shares. The minimum number of shareholders is two and the maximum number is fifty.