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    Business
  3. Study Set
    Company Accounting
  4. Exam
    Exam 1: Nature and Regulation of Companies
  5. Question
    A Proprietary Company Must Have at Least One Shareholder and Cannot
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A Proprietary Company Must Have at Least One Shareholder and Cannot

Question 16

Question 16

Multiple Choice

A proprietary company must have at least one shareholder and cannot have more than:


A) 100 shareholders.
B) 50 shareholders.
C) 20 shareholders.
D) 500 shareholders.

Correct Answer:

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