Business Studies, asked by cchitramedar, 2 months ago

briefly explain demerits of joint stock company​

Answers

Answered by BANGTANARMYGIRL07
1

Answer:

Difficult legal formalities:

Joint stock company has demerits of difficult legal formalities. It is difficult to establish and run. It has to follow difficult legal formalities in comparison to sole trading and partnership firm. The legal formality also cost some amount of money.

Answered by itztaesprincessliza
10

Answer:

Difficult legal formalities:

Difficult legal formalities:Joint stock company has demerits of difficult legal formalities. It is difficult to establish and run. It has to follow difficult legal formalities in comparison to sole trading and partnership firm. The legal formality also cost some amount of money

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