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Which type of business shows "One share = one vote" under Voting Rights?

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Question

Which type of business shows "One share = one vote" under Voting Rights?

Options

  • Co-operative Society

  • Sole Trader

  • Joint Stock Company

  • HUF Business

MCQ
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Solution

Joint Stock Company

Explanation: 

In Joint Stock Companies, voting rights are determined by the number of shares owned by a member, with each share conferring one vote.​

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