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Question
State True or False:
Board of Directors manages the business of Joint Stock Company.
Options
True
False
Solution
True
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Justify the following statement.
Registration of the Joint Stock Company is compulsory.
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There is more Government control and supervision over the working of Joint Stock Company.
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There is a separation of ownership & management in the Joint Stock Company.
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Joint Stock Company.
Answer in brief.
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A Joint Stock Company can raise huge capital.
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There is separation of ownership and management in Joint Stock Company.
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Explain the merits of Joint Stock Company.
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Explain the demerits of Joint Stock Company.
Why is a private company more desirable than a public company? Give any two reasons.
