Compare joint stock company and public enterprise
Answers
Answer:
the join stack compnay and public enterprises
Answer:
Hii,
Explanation:
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.
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