Question

Explain with the help of an example, how is the liability of members in a joint stock company limited ?

Answer 1

Answer:

Examples of Joint Stock Company

. Indian Oil Corporation Ltd..

. Tata Motors Ltd..

. Reliance Industries Ltd..

. State Bank of India..

Explanation:

Limited liability further allows corporations to raise large amounts of finance for their enterprises by combining funds from many owners of stock. Limited liability reduces the amount that a shareholder can lose in a company.

Answer 2

Explanation:

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