Question

explain the four merits and demerits of joint stock company​

Answer 1

Joint Stock Company – Advantages and Disadvantages

(1) Huge Financial Resources:

(2) Efficient Management:

(3) Limited Liability:

(4) Transferability of Share:

(5) Diffusion of Risk:

(6) Stability:

(7) Public Confidence:

(8) Scope for Expansion:

I HOPE IT HELPS:)

Answer 2

$\huge\bold\purple{answer}$

(1) Huge Financial Resources

(2) Efficient Management

(3) Limited Liability

(4) Transferability of Share

(5) Diffusion of Risk

(6) Stability

(7) Public Confidence

(8) Scope for Expansion

_________________________

Hope it helps you