The minimum number of members in a private company is two. This means that a private company can be formed by two or more individuals. The members of a private company are the owners of the company and they have the right to manage the company and to share in the profits of the company.
The option A is correct. The option B is incorrect because the minimum number of members in a private company is two, not three. The option C is incorrect because the minimum number of members in a private company is two, not five. The option D is incorrect because the minimum number of members in a private company is two, not seven.