Question

Merits of a joint stock company

Answer 1

plz follow me

Explanation:

Mobilisation of huge financial resources

Limited liability

Ease of transfer of ownership

Perpetual and stable business life

Enormous possibilities of growth and expansion

Efficient management

Public confidence

Positive social benefits

Answer 2

Answer:

______________________________________

A company is an artificial person created by law ,having a seperate legal entity, with a perpectual succesaion and a common seal.

______________________________________

Merits of joint stock company are :-

______________________________________

1.Large capital resources :-

A joint stock company has widespread appeal to investiors of all types. Its capital is divided into shares.

______________________________________

2.Limited Liability :-

The liability of members of a company is limited to the face value of shares held by him.

______________________________________

3.Public Goodwill :-

A company enjoys a good reputation and prestige in the business world.

______________________________________

4.Efficient Management :-

A company can employ highly qualified experts in different areas of business world.

______________________________________