State merits of Joint Stock Company.
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The absolute most critical benefits of Joint Stock Companies are as per the following:
Mobilization of tremendous monetary assets:
Limited risk:
Ease of exchange of possession:
Perpetual and stable business life:
Enormous conceivable outcomes of development and extension:
Efficient administration:
Public certainty:
Positive social advantages:
Professional administration:
Scope for development.
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Answer:
merits of joint stock company are:
- large capital
- continuity
- limited liability
- growth and expansion
- social responsibility
- efficient management
- easy transferability of shares
- public confidence
Explanation:
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