Question

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What are the Features of Joint Stock Company..?



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Answer 1

Answer:

Distinguishing Features of Joint Stock Company:

Separate Legal Entity: A joint stock company has a separate legal existence apart from the persons composing it. ...

Perpetuity: ...

Limited Liability: ...

Number of Members: ...

Separation of Ownership from Management: ...

Transferability of Shares: ...

Rigidity of Objects: ...

Financial Resources:

Explanation:

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Answer 2

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Features of Joint Stock Company-:

• A Joint Stock Company a voluntary association of persons to carry on the business.
• It has separate legal entity from its owner with perpetual succession and a common seal.
• Perpetual succession
• Limited liability
• Incorporated association
• Transferability of shares
• It is created by law.
• Tax payment
• Corporate artificial personality
• Separation of ownership from management and administration.

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