Question

. In what type of business, individuals associate voluntarily for profit, having capital dividend into transferable shares, the ownership of which is the condition of membership? Explain with features​

Answer 1

Answer:

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Answer 2

Answer:

According to Prof. Haney, “Joint stock Company is a voluntary association of individuals for profit, having a capital divided into transferable shares, the ownership of which is the condition of membership.” can own property, make contracts and file suits in its own name.

Explanation:

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