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What do you meant by joint stock company?

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प्रश्न

What do you meant by joint stock company? 

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उत्तर

According to Prof. Haney “Joint stock company is a voluntary association of individuals for profit, having a capital divided into transferable shares, the ownership of which is the condition of membership.”

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पाठ 4: Ownership Structures - Joint Stock Company - QUESTION BANK [पृष्ठ ५५]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 4 Ownership Structures - Joint Stock Company
QUESTION BANK | Q 1. | पृष्ठ ५५
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