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hereweg0

  • 3 years ago

What is a Joint-Stock Company?

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  1. shaik0124
    • 3 years ago
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    A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company's shares (certificates of ownership).[1] This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.[2]

  2. shaik0124
    • 3 years ago
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    got it

  3. shaik0124
    • 3 years ago
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    @hereweg0

  4. hereweg0
    • 3 years ago
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    why is it important?

  5. shaik0124
    • 3 years ago
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    To earn more money by investing in a company then they give you a share of money from their profit and it can sometimes be more or less

  6. jlongSwag27
    • 3 years ago
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    A joint-stock company (JSC) is a type of corporation or partnership involving two or more individuals that own shares of stock in the company.

  7. hereweg0
    • 3 years ago
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    okay thanks.

  8. jlongSwag27
    • 3 years ago
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    yaa

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