Question

define joint stock demerits and merits

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Answer 1

Explanation:

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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Answer 2

Answer:

see the attachment this is my class work photo of business studies.

can I get your intro. iam in class 11. you

Explanation:

my name is Narayan . from Karnataka Dharwad