what is joint stock company
Answers
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. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company
Answer:
A joint-stock company is a business owned by its investors, with each investor owning a share based on the amount of stock purchased. Joint-stock companies are created in order to finance endeavors that are too expensive for an individual or even a government to fund
Ex=An example of a joint stock company today is a business type that is somewhere between a partnership and a corporation. Stockholders of a joint stock company have the same responsibilities and privileges that come with an unlimited partnership