Question

What is joint stock companies

Answer 1

A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. ... Therefore, joint-stock companies are commonly known as corporations or limited companie

Answer 2

Explanation:

joint stock company is a voluntary association of person with a street legal intelity particular successive and common seal the managed by elected representative of member The liability of a member is generally Limited and they can transfer their share