Under the Corporations Act 2001, a Proprietary (Pty Ltd)company Is

question 24

Multiple Choice

Under the Corporations Act 2001, a proprietary (Pty Ltd) company is restricted to a maximum of:

• A)100 shareholders.
• B)2 shareholders.
• C)50 shareholders.
• D)10 shareholders.

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Definitions:

Gulab Jamun

A traditional Indian dessert made from deep-fried dough balls soaked in a sweet, fragrant syrup, often flavored with cardamom or rosewater.

Commercial Road

Refers to a road designed and used for the flow of commercial traffic and goods, facilitating economic activities and trade.

Mean Squared Error

A measure of the average squared difference between the estimated values and the actual value.

Forecast Error

The difference between actual demand and forecasted demand, indicating the accuracy of demand projections.