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Justify the following statement. A Joint Stock Company can raise huge capital. - Organisation of Commerce and Management

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प्रश्न

Justify the following statement.

A Joint Stock Company can raise huge capital.

औचित्य

उत्तर

  1. A Joint Stock Company is an incorporated association.
  2. It has a legal status independent of its members.
  3. A Joint Stock Company has a large membership. There is no maximum limit.
  4. Shares are available in the open market.
  5. A large number of investors are interested in buying shares.
  6. Shares are freely transferable and members have limited liability.
  7. Thus, a Joint Stock Company can raise huge capital. Capital can also be raised by the company from financial institutions.
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Joint Stock Company
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अध्याय 4: Forms of Business Organisation - 1 - EXERCISE [पृष्ठ ९३]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 4 Forms of Business Organisation - 1
EXERCISE | Q 6. 4) | पृष्ठ ९३

संबंधित प्रश्न

Distinguish between the following:

Joint Stock Company and Co-operative society.


Justify the following statement.

Registration of the Joint Stock Company is compulsory.


Justify the following statement.

A Joint Stock Company is an artificial person.


Justify the following statement.

The liability of a shareholder of company is limited.


Justify the following statement.

The Joint Stock Company collects huge capital from the public.


Justify the following statement.

There is more Government control and supervision over the working of Joint Stock Company.


State True or False:

There is a separation of ownership & management in the Joint Stock Company.


State True or False:

Board of Directors manages the business of Joint Stock Company.


Complete the sentence.

The rule for voting in Joint stock company is __________.


Complete the sentence.

Registration of Joint stock company is compulsory according to the Companies Act _______.


Correct the underlined word and rewrite the following sentence.

Registration of Joint Stock Company is not compulsory.


Answer in brief.

State any four demerits of Joint Stock Company.


Justify the following statement.

There is separation of ownership and management in Joint Stock Company.


Attempt the following:

Explain the features of the Joint Stock Company.


Attempt the following:

Explain the five features of Joint Stock Company.


Attempt the following:

Explain the merits of Joint Stock Company.


Attempt the following:

Explain the demerits of Joint Stock Company.


Why is a private company more desirable than a public company? Give any two reasons.


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