The board of directors of a joint stock company is elected by
(a) General public
(b) Government bodies
(c) Shareholders
(d) Employees
Answers
Answer:
The board of directors of a joint stock company is elected by Shareholders
Among the given options option (b) SHAREHOLDERS is the correct answer.
Explanation:
In a joint stock company the liability of a shareholders is limited to the value of the shares held by them.
The shareholders of a public company are free to transfer their shares to other persons at any time.
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Here are some more questions from this chapter :
The structure in which there is separation of ownership and management is called (a) Sole proprietorship (b) Partnership (c) Company (d) All business organisations
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In a cooperative society the principle followed is
(a) One share one vote
(b) One man one vote
(c) No vote
(d) Multiple votes
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Answer:
share holder
Explanation:
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