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प्रश्न
Justify the following statement.
There is separation of ownership and management in Joint Stock Company.
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उत्तर
- The shareholders are the owners of the company. The company is managed by the Board of Directors who are elected representatives of the shareholders.
- There is a separation of ownership and management because of the following reasons:
(a) Scattered membership
(b) Large membership
(c) Disinterested shareholder
(d) Heterogeneous members
(e) Separate legal entity. - Thus, ownership is in the hands of shareholders and the management is with the Board of Directors who are paid employees of the company.
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संबंधित प्रश्न
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Joint Stock Company and Co-operative society.
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The liability of a shareholder of company is limited.
Justify the following statement.
The ownership and management are separated in Joint Stock Company.
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There is more Government control and supervision over the working of Joint Stock Company.
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.
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Joint Stock Company.
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A Joint Stock Company can raise huge capital.
Attempt the following:
Explain the five features of Joint Stock Company.
Attempt the following:
Explain the merits of Joint Stock Company.
Why is a private company more desirable than a public company? Give any two reasons.
What is the risk to shareholders in a joint stock company?
What term is used for the capital that is divided into small parts in a joint stock company?
What does ‘perpetual succession’ mean for a joint stock company?
What is one major demerit of a joint stock company?
Which of the following is an example of a joint stock company in India?
