Physics, asked by lauren5625, 11 months ago

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Define joint stock company ....

Answers

Answered by Anushkaxoxo
3

Answer:

In the US: Corporation with unlimited liability for the shareholders. Investors in a US joint stock company receive stock (shares) which can be transferred, and can elect a board of directors, but are jointly-and-severally liable for company's debts and obligations.

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Answered by RomeoRohit
3

A company whose stock is owned joint by shareholders. .

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