explain the joint stock company related to the features merits and demerits
Answers
Answered by
10
A joint stock company has an association with various persons. It has the merits of huge capital because different member invests a large amount of capital. When there is a lack of capital in a joint stock company it can issue the shares to the public. Hence, huge capital can be collected when shares are issued.
Answered by
86
Explanation:
Advantages of Joint Stock Company:
Financial Strength: The joint stock company can raise a large amount of capital by issuing shares and debentures to the public.
Limited Liability:
Benefits of Large Scale Organization: .
Scope for Expansion:
Stability: .
Transferability of Shares:
Efficient Management:
Higher Profit:
Similar questions