63 According to the Close Company chapter of Taiwan's Company Act, which of the following statements is
most likely to be incorrect?
(A)When the number of shareholders exceeds 50, the status of a close company will be lost automatically.
(B)To maintain the status of a close company, using a public channel to raise funds is strictly prohibited with
no exception.
(C)To facilitate capital formation, shareholders can use a more flexible way to pay for their shares, such as
labor or service.
(D)The corporate charter should stipulate a clear limitation on the free transferability of shares.
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