English, asked by pandeyshubham8027, 1 year ago

What is joint stock companies

Answers

Answered by NightFury
0
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
Answered by ts97006275
0

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

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