A company can have no more than 50 shareholders.

Question

Quizplus · Accepted Answer

This statement is false. The number of shareholders a company can have varies by jurisdiction and type of company. In some countries, private companies can have a limited number of shareholders, but in other countries, there may be no limit or the limit may be much higher. For example, in the United States, there is no limit on the number of shareholders a company can have if it is registered under certain securities laws.

A Company Can Have No More Than 50 Shareholders