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Which of the following is a characteristic of private limited liability company?

Which of the following is a characteristic of private limited liability company?
  • A.
    its shares can be sold to the public
  • B.
    the number of shareholders ranges from fifty to one hundred
  • C.
    all shareholders have equal powers and responsibilities
  • D.
    the number of shareholders ranges from two to fifty
Correct Answer: Option D
Explanation