Teddy is a shareholder of a joint stock company. What advantages must have been enjoyed by teddy as a shareholder of joint stock company?
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1. Large capital: A company can secure large capital compared to a sole trader or partnership. ...
2. Limited liability: The liability of a shareholder is limited. ...
3. Transferability of shares: Transaction of Shares between two individuals are easy. ...
4. Perpetual succession: A company has perpetual or continuous existence.
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