Free account: track your progress — Sign up free

NECO Accounting 2007 Objective — Question 24

Question 24 of 60 from the National Examinations Council (NECO) Accounting 2007 Objective paper, with the correct answer and a full explanation.

The maximum members of a private company as defined by its articles is

A. 50Correct
B. 40
C. 30

Explanation

Under company law, a private company is limited to a maximum of 50 members.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Accounting 2007 Objective More Accounting past papers