10 Questions
Membership of the company is open to all and a person can become or leave membership at his own ________.
wish
A Joint Stock Company is a __________ association of persons.
voluntary
A Joint Stock Company is an association of persons formed and registered under the __________ Act.
Companies
A Joint Stock Company enjoys separate ________ status.
legal
Registration or incorporation is ________ for a Joint Stock Company.
compulsory
The members of a Joint Stock Company are the owners and are liable in a ________ way for the acts of their company.
limited
A Joint Stock Company is an artificial person created by ________.
law
The existence of a Joint Stock Company is not affected by death, insolvency, or retirement of any of its ________.
members
A Joint Stock Company has ________ succession.
perpetual
A Joint Stock Company can enter into contracts, purchase and sell assets and property, and appoint persons as ________.
employees
Learn about the key characteristics of a joint stock company, including its voluntary association and incorporation process under the Companies Act. Explore the membership rules and regulations associated with being a part of a joint stock company.
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