Question

Select the proper option from the options given below and rewrite the completed sentences.

A joint stock company is an Artificial person created by ________.
(a) law
(b) public
(c) directors

Answer 1

Correct option- a
A joint stock company is an artificial person created by law.
Explanation:
A joint stock company is an artificial person created by the law. It cannot be seen physically but it has a name, it uses the common seal in place of its signature and it can enter into contracts.