Question

Prepare a note on the merits and demerits of jointstock company ​

Answer 1

Answer:

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Answer 2

Explanation:

Joint Stock Company – Advantages and Disadvantages

(1) Huge Financial Resources

(2) Efficient Management

(3) Limited Liability

(4) Transferability of Share

(5) Diffusion of Risk

(6) Stability

(7) Public Confidence

(8) Scope for Expansion