SELECT * FROM question_mgmt as q WHERE id=10974 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=2 AND subId=20 AND chapterId=210 and ex_no='2' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

Discuss the concept, features, advantages, and limitations of a Joint Stock Company.

Answer:

  • Concept: A joint stock company is a business organization where ownership is divided into transferable shares held by shareholders.
  • Features:
    • Perpetual Succession: It continues regardless of changes in ownership.
    • Separate Legal Entity: Operates independently of its shareholders.
    • Limited Liability: Shareholders' liability is restricted to their share value.
  • Advantages:
    • Large Capital Base: Ability to raise funds through share issuance.
    • Professional Management: Experienced professionals manage operations.
    • Transferability of Shares: Provides liquidity to investors.
  • Limitations:
    • Complex Formation: Requires adherence to legal procedures.
    • Lack of Privacy: Public companies must disclose financial and operational details.
    • Management-Ownership Divide: Potential conflicts between shareholders and management.


< Previous Question

Next Question >

SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='2' AND subId='20' AND ex_no!=0 AND status=1 and id!=10974 ORDER BY views desc, last_viewed_on desc limit 0,10

  • Popular questions of class 11 Business Studies

SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='2' AND subId='20' AND ex_no!=0 AND status=1 and id!=10974 ORDER BY last_viewed_on desc limit 0,10

  • Recently Viewed Questions of Class 11 Business Studies

Comments

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

Comment(s) on this Question


Important links

Quick Links

Resources

Support