state the advantages of joint stock company
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1) limited liability
2) perpetual existence
3) large scale operation
4) transferability of shares
5) raising of funds
6) social benefits
7) research and development
2) perpetual existence
3) large scale operation
4) transferability of shares
5) raising of funds
6) social benefits
7) research and development
Answered by
11
Advantages Of Joint Stock Companies. large financial resources: A joint company is to able collect a large amount of capital through contributions from a large number of people. In a public limited company, shares can be offered to the general public to raise capital.
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