What is NOT a characteristic of a Private Limited Liability Company?
A.
a shareholder is not free to transfer his shares to someone without the permission of others
B.
its shares cannot be offered to the public through the stock market
C.
the liability of shareholders is not limited to the amount of shams taken up
D.
the minimum and maximum number of shareholders is seven and infinity respectively
E.
the minimum and maximum number of shareholders is two and fifty respectively
Correct Answer: Option D
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