Question

Explain any five limitations of Joint Stock Company.​

Answer 1

Disadvantages of Joint Stock Company are the following

Difficulty in Formation: ADVERTISEMENTS

Reckless Speculation Encouraged: This form of organisation encourages reckless speculation in shares at stock exchanges

Fraudulent Management

Delay in Decision-Making

Monopolistic Power

Excessive Regulation by Law

Conflict of Interests

Lack of Secrecy

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Answer 2

Answer:

Disadvantages of Joint Stock company are:

1)Difficulty in formation: Advertisement

2) Fraudulent Management

3) Delay on decision making

4) Monopolistic powers

5) Excessive regulations by law

Explanation:

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