Question

compate and differentiate between dole proprietorship and joint stock company with regards to ownership of media​

Answer 1

Answer:

• In sole trading concern one individual is responsible for the management and ownership of business while in Joint stock company, there is a separation of ownership and management.
• In sole trading, profit remains in the hands of single individual while in Joint stock company, Profit is distributed among the shareholders in the form of dividends.

Answer 2

A corporation exists under a state charter, while a joint stock com.pany is formed by an agreement among the members.

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