In a Joint Stock Company there is separation of ownership and management.

True

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False

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Solution

The correct option is A True
Separation of ownership and management involves placing the management of the firm under the responsibility of professionals who are not its owners. Owners of a company may include shareholders, directors, government entities and initial founders.

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Similar questions

The structure in which there is separation of ownership and management is called

(a) Sole proprietorship

(b) Partnership

(d) All business organisations

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