354,869 views
31 votes
31 votes
Define a ' Joint Stock Company '

User Alex Lyman
by
2.6k points

1 Answer

6 votes
6 votes

Step-by-step explanation:

The simplest way to describe a joint stock company is that it is a business organisation that is owned jointly by all its shareholders. All the shareholders own a certain amount of stock in the company, which is represented by their shares.

User Zuned Ahmed
by
3.0k points