What type of business is a business owned by a minimum of two and a maximum of fifty shareholders, which limits the liability of owners to the amount invested in shares.

The correct answer is: Private Limited Company

Explanation:

Shareholder s are usually classed as owners of a company because they invested in a company's shares so they also receive entitled portions of profits made by the company.

Private Limited Company :

Some of the noticeable descriptions of a private limited company are:

1. They are limited liability.

2. It allows accounts of the company which includes profits and losses to be made open.

3. The company would still be able to run without, or the demise of the founder.

4. The income of the company is credited to the company's account and not the individuals' account who started the business.

5. Shares of the company cannot be traded and cannot be sold in the open market which eases decision making as the maximum number of shareholders is 50 persons.

6. When it comes to losses, shareholders cannot lose more than the amount they personally invested in the company through shares.

7.  It requires a minimum number of two shareholders.

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