World Languages, asked by rampmadurai1, 8 days ago

discuss the reasons for superiority of joint stock company over sole proprietorship and partnership

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Answered by Anonymous

6

Answer:

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Explanation:

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Answered by ItszBrainlyQueen

3

Sufficient capital is the great advantage of the Joint Stock Company. As Joint Stock Company has perpetual succession, it can raise capital by selling shares in the capital market up to its authorized capital. ... On the other hand, sole proprietor or partnership is not possible to collect huge capital.

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