Question

A Joint Stock Company is a form of commercial organisation owned by large number of investors (shareholders).

• A. True
• B. False

Answer 1

The correct option is A True

The joint stock company collects huge capital from public by dividing its capital in a small unit called shares and inviting subscription from general public on these shares. Holding these shares ensures dividend to the shareholders and provides them voting powers in the decision making process of the business and they are even termed as the owners.