Business Studies, asked by krish8762, 7 months ago

Differentiate between joint stock company and partnership on the
Basis of number of members ,liability ,legal status and stability.

Answers

Answered by bharatjha01
1

Answer:

of Members. In a Partnership firm, maximum number of members is 20 in general business and 10 in banking firms. In a Joint Stock Company, maximum number of members is 50 in a private company and there is no maximum limit in public company.

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