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State whether the following statement is True or False. A joint stock company is a formal form of business organization.

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Question

State whether the following statement is True or False.

A joint stock company is a formal form of business organization.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Evolution of Business Organization
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Chapter 2: Joint Stock Company - EXERCISE [Page 30]

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Balbharati Secretarial Practice [English] Standard 11 Maharashtra State Board
Chapter 2 Joint Stock Company
EXERCISE | Q 1. D. 2) | Page 30

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