Business Studies, asked by venkatesht1325, 7 months ago

Write the meaning of joint stock companies.Explain the features of joint stock companies​

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Answered by Plant2tree
1

Answer: The modern corporation has its origins in the joint-stock company. 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. The owners of a joint-stock company expect to share in its profits.

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