Question

Explain any four merits & four demerits of Joint Stock Company.​

Answer 1

Merits:

1. Larger Capital

2. Limited Liability

3. Stability of Existence

4.Scope for Expansion

Demerits:

1. Difficulty in Formation

2. Lack of Secrecy

3. Delay in Decision Making

4. Concentration of Economic Power

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Answer 2

Answer:

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Explanation:

Merits and demerits of stock exchange markets

An ownership stake in a company.

Exclusivity in transactions.

Return on investment.

Good returns on investments in short time.

Right to vote.

Interests well-protected by regulatory bodies.

Contribution to economic growth.

Protection against inflation.

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