Rogeartest4
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  • 01-02-2019
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Describe a joint stock company

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jt121717 jt121717
  • 01-02-2019

A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.

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