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Question
A Joint Stock Company is artificial person.
A Joint Stock Company is artificial person.
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Solution
The correct option is A True
A joint stock company is an artificial person. It does not have eyes, ears, nose etc. what generally a natural person have but is has an existence in the eyes of law i.e. it can purchase and sell property in its own name.
A joint stock company is an artificial person. It does not have eyes, ears, nose etc. what generally a natural person have but is has an existence in the eyes of law i.e. it can purchase and sell property in its own name.
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