Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

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:

Options:

(A), (B) and (C) only

(B), (C) and (D) only

(A), (C) and (D) only

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

Correct Answer:

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

Explanation:

The correct answer is Option (4) → (A), (B) and (D) only