Question

name the features of a joint stock company which enables it to own property in its own name.​

Answer 1

Answer:

Being an artificial person, a joint stock company has a personality and existence of its own that is independent of its investors. This means that a joint stock company can own property, enter into contracts and conduct any lawful business in its “own” name. It can sue and can be sued by others in the court of law.

Explanation:

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