Common seal of joint stock company aims and objectives
Asked by admin @ in Business Studies viewed by 349 People
Aim and objective of common seal of joint stock company
Answered by admin @
The joint stock company, a forerunner of the cutting edge organization that was sorted out for endeavors requiring a lot of capital. Cash was raised by pitching offers to financial specialists, who progressed toward becoming accomplices in the venture.
A joint stock company is an association that falls between the meanings of an organization and company as far as investor risk. In the United States, investors of joint stock companies have a boundless risk for organization obligations, yet in the United Kingdom, investor risk is restricted to the ostensible estimation of offers held by every investor.
The offers of a joint stock company are transferable, so for a public joint stock company, the offers might be exchanged on an enrolled trade, yet for a private joint stock company, they are transferable between private parties.
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