what are merits of joint stock company?
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Answered by
9
Hey mate here is ur answer...!!!!!
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Merits of joint stock company are :-
i.) limited liability
ii.) transfer of interest
iii.) perpetual existence
iv.) scope for expansion
v.) professional management
______________________________
Hope it helps..✌️✌️
______________________________
Merits of joint stock company are :-
i.) limited liability
ii.) transfer of interest
iii.) perpetual existence
iv.) scope for expansion
v.) professional management
______________________________
Hope it helps..✌️✌️
Answered by
3
HEY DEAR!!
EXPLAINED ANSWER HERE..
Liability of members of Joint Stock Company is limited to the extent of shares held by them. So, shareholders assets will not be on stake. This feature attracts large number of investors to invest in the company.
The life of the company does not depend on the life of its members. Law creates the company and can dissolve it. The death, insolvency or the transfer of shares of members does not, in any way, affect the existence of the company.
A company is creation of the law and only law can bring it to an end. Its life does not depend on the life of its members. The death, insolvency or lunacy of a member does not affect the life of the company. It continues to exist even if all its members dies
HOPE HELPED:)
@Ananya-Rathee
EXPLAINED ANSWER HERE..
Liability of members of Joint Stock Company is limited to the extent of shares held by them. So, shareholders assets will not be on stake. This feature attracts large number of investors to invest in the company.
The life of the company does not depend on the life of its members. Law creates the company and can dissolve it. The death, insolvency or the transfer of shares of members does not, in any way, affect the existence of the company.
A company is creation of the law and only law can bring it to an end. Its life does not depend on the life of its members. The death, insolvency or lunacy of a member does not affect the life of the company. It continues to exist even if all its members dies
HOPE HELPED:)
@Ananya-Rathee
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