Question

These are the privileges to a private company:
(A) Only 2 members are required to form
(B) Only 2 directors are required to constitute the quorum
(C) Shares can be transferred without consulting members
(D) They can start business immediately after incorporation
Choose the correct answer from the options given below:

• A. (A), (B) and (C) only
• B. (B), (C) and (D) only
• C. (A), (C) and (D) only
• D. (A), (B) and (D) only

Answer 1

Answer: (D)

(A), (B) and (D) only

Answer 2

The correct answer is option (D) :

(A), (B) and (D) only