The maximum number of shareholders for a limited liability company's is

Assessment: JAMB UTME - Economics - 2010 Subject: Economics

Question 1 Report

The maximum number of shareholders for a limited liability company's is
Answer Details
The maximum number of shareholders for a limited liability company is **infinite**. A limited liability company (LLC) is a business structure that provides limited liability protection to its owners (referred to as members). The owners of an LLC are not personally responsible for the company's debts or liabilities. Unlike a sole proprietorship or partnership, an LLC can have an unlimited number of members. This means that anyone can invest in the company and become a member, subject to the company's articles of organization and state laws.

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