Concept:A public limited liability company is a business whose shares are open to the general public and whose membership is not restricted by law.
Explanation:By law, a public limited liability company must have at least seven members.
There is no upper limit to the number of members it can have.
This large membership allows the company to raise capital from many investors.
Each member's liability is limited to the amount unpaid on their shares.
Ownership is therefore spread among many shareholders, not just a few people.
Answer:Option C: minimum of seven and no maximum number.