Economy, asked by Umairbhatti2023, 9 months ago

The liability of shareholder in joint stock company is ____

Answers

Answered by sabinamin14

Answer:

Separate Legal Entity – A joint stock company is an individual legal entity, apart from the persons involved. ... Limited Liability – In this type of company, the liability of the company's shareholders is limited. However, no member can liquidate the personal assets to pay the debts of a firm.

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