Economy, asked by surmitlapcha9815, 2 months ago

Compare joint stock company and public enterprise

Answers

Answered by arunakumari7198
0

Answer:

the join stack compnay and public enterprises

Answered by TokyoLights
15

Answer:

Hii,

Explanation:

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Incorporation is the forming of a new corporation. What is unusual about an incorporation is that the act of incorporation gives birth immediately, in law, to a separate legal entity with the many economic rights similar to that of a human being. A corporation can be a company, an association, a government corporation, certain types of charities etc. But the most common type of corporation is a joint stock company (thus the confusion).

Incorporation is the forming of a new corporation. What is unusual about an incorporation is that the act of incorporation gives birth immediately, in law, to a separate legal entity with the many economic rights similar to that of a human being. A corporation can be a company, an association, a government corporation, certain types of charities etc. But the most common type of corporation is a joint stock company (thus the confusion).A joint stock company is a type of corporation that issues shares (a share is a ownership certificate of a particular company saying you own a part of that and only that company whilst stock are refers to the ownership certificate of a general company - but in practice they are often used interchangeably) and whose liability is limited to the shares issued.

Hope it will help you...

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