Question

Identify which is not a feature of joint stock company:
a) artificial person
b) common seal
c) registration
d) service motive​

Answer 1

Answer:

a) Artificial person

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Answer 2

Service motive is not a feature of a joint-stock company.

• A joint-stock company is a business owned by investors. The investors are the people who have bought shares in that company and are responsible for it Dept.
• The motive of these joint-stock companies is to earn profits and to maximize the earnings of the shareholders. It is an artificial person who has a common seal and is registered.