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The features of a joint stock company are ______. - Commercial Applications

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प्रश्न

The features of a joint stock company are ______.

विकल्प

  • Separate legal existence

  • Limited liability

  • Perpetual succession

  • All of these

MCQ
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उत्तर

The features of a joint stock company are separate legal existence, limited liability, perpetual succession.

Explanation:

A joint stock company has separate legal existence from its shareholders, perpetual succession, which allows the company to continue regardless of membership changes, and limited liability, which means shareholders are only liable for the company’s debts to the extent of their investment.

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अध्याय 4: Ownership Structures - Joint Stock Company - EXERCISES [पृष्ठ ५२]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 4 Ownership Structures - Joint Stock Company
EXERCISES | Q I. 5. | पृष्ठ ५२
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