Question

a joint stock company is a formal form of business organization​

Answer 1

Answer:

The simplest way to describe a joint stock company is that it is a business organisation that is owned jointly by all its shareholders. All the shareholders own a certain amount of stock in the company, which is represented by their shares.

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Answer 2

Answer:

A joint-stock company is a business owned by its investors, with each investor owning a share based on the amount of stock purchased. ... The owners of a joint-stock company expect to share in its profits.

Explanation:

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