Economy, asked by akshayaj2508, 1 year ago

needs & importance of joint stock company in points

Answers

Answered by priyasingh3
1
Joint stock company is an artificial person, invisible, intangible and existing only in the eyes of law.
Importance of joint stock company are:-
1)Large capital
2)limited liability
3)continuing
4)Efficient management
5)Growth and expansion
6)Easy transferability of shares
7)public confidence
8)Democratic managment
9)Dispersal of ownership
10)social responsibility
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