Accountancy, asked by Aryanpal2233rr2, 3 months ago

Joint stock company has a seperate legal entity. true or false

Answers

Answered by ayushromanempire2345

7

ANSWER

TRUE ..........

Explanation

Joint Stock Company is a separate legal entity. Any shareholder of a company can enter into a contract with the company. A company can possess properties, can open its own bank account and perform many such activities which a living person can do. Thus, a company is independent of its owners or members.

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