Advertisements
Advertisements
प्रश्न
Explain the following term/concept:
Joint Stock Company.
उत्तर
- It is an incorporated association created by law, having an independent legal status, owned by shareholders and managed by the Board of Directors.
- The main motive of the Joint Stock company is the maximisation of profit.
- It works as the principle of “One share one vote”.
- It has to follow the Indian Companies Act, 2013.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Sole Trading concern and Partnership Firm.
Distinguish between the following:
Partnership Firm and Joint Stock Company.
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 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.
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 _______.
Answer in one sentence.
What is the meaning of Joint Stock Company?
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 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.
