Business Studies, asked by vasudevshastri37, 8 months ago

Explain the following terms/Concepts.

1) Joint stock Company

2)Karta​

Answers

Answered by hemalathaboopathy200
3

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Answered by queensp73
1

Hello !

1.Joint-stock company

       A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.

2.Karta

         The joint Hindu family is a patriarchal organization and the head of the family is known as Karta. He is the senior most male member of the family and as a head or manager of the family, he is the representative of the family and acts for or on behalf of the family

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