what are the social advantages of a joint stock company?
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Separate Legal Entity
Perpetuity
Limited Liability
Number of Members
Separation of Ownership from Management
Transferability of Shares
Rigidity of Objects
Financial Resources
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Answer:
Advantages of Joint Stock Company:
Limited Liability: ...
Larger Capital: ...
Greater Borrowing Capacity: ...
Transferability of Shares (Liquidity): ...
Economics of Scale: ...
Perpetual or Continuous Existence: ...
Efficient Management: ...
Democratic Management:
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