Social Sciences, asked by shruti944, 11 months ago

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explain joint stock company. .....

Answers

Answered by mansishukla26
3

Answer: joint stock company is a company in which a shareholders jointly hold the company's stock

Explanation: In short the shareholders are only liable for the company's debt

Answered by ua57116
4

Answer:

A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.

Explanation:

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