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प्रश्न
Justify the following statement.
A Joint Stock Company can raise huge capital.
उत्तर
- A Joint Stock Company is an incorporated association.
- It has a legal status independent of its members.
- A Joint Stock Company has a large membership. There is no maximum limit.
- Shares are available in the open market.
- A large number of investors are interested in buying shares.
- Shares are freely transferable and members have limited liability.
- Thus, a Joint Stock Company can raise huge capital. Capital can also be raised by the company from financial institutions.
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संबंधित प्रश्न
Distinguish between the following:
Sole Trading concern and Partnership Firm.
Distinguish between the following:
Partnership Firm and Joint Stock Company.
Distinguish between the following:
Joint Stock Company and Co-operative society.
Distinguish between the following:
Private Company and Public Company.
Justify the following statement.
The liability of a shareholder of company is limited.
Justify the following statement.
The ownership and management are separated in 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.
Explain the following term/concept:
Joint Stock Company.
Attempt the following:
Explain the features of the 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.
