defination of JSC?????
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A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). ... Therefore, joint-stock companies are commonly known as corporations or limited companies.
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Defination of JOINT STOCK COMPANY :
"A Joint Stock Company is a voluntary association of individuals for profit having capital divided into transferable shares, the ownership of which is the condition on membership."
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