| Statement |
True |
False |
| a)Starts operating after receiving the certificate of incorporation |
|
|
| b)Shares are freely transferable. |
|
|
| c)Formed by a minimum of 7 with no maximum shareholders. |
|
|
| d)Can operate with at least one director. |
|
|
| e)Must publish audited annual financial reports. |
|
|
| f)Formed by minimum of 2 and maximum of 50 members. |
|
|
| g)Starts operating after receiving a certificate of trading. |
|
|
| h)Admission of new members must be consented by all members. |
|
|
| i)Their shares can be sold at the Stock Exchange Market. |
|
|