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limited companies are companies which have incorporated association(it is an association of two or more people registered with registrar of companies) which is an artificial person, created by law having common seal( having an official signature for the company) and perpetual succession( company still exists or continuous existence apart from its shareholder. withdrawal of any shareholder does not affect the company)
limited companies are called joint stock companies because many people contribute capital to the company. companies, where the owner of the business allow others run their company in return for small payment or certain amount which is known as royalties, are called franchise companies. the owner is known as franchiser. and the person who pays royalty and run the business is called franchisee. so franchise and limited compnies are totally different businesses
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Importance of joint stock companies?
what is importance of joint stock company
Why were Jamestown and Plymouth financed by joint-stock companies?
James town was Plymouth financed by joint-stock companies
Why we're Jamestown and Plymouth financed by joint stock companies?
James town was Plymouth financed by joint-stock companies
What is the Importance of the joint - stock company 1606?
The IMPORTANCE of joint-stock companies in American History is the fact that: "the 1st English colonies had been established because of joint-stock companies"
Is there a list of joint stock companies in India?
Tata Iron & Steel Co. Limited, Hindustan Lever Limited, Reliance Industries Limited, Steel Authority of India Limited, Ponds India Limited, etc..
What are different forms of business organisation?
sole proprietorship, partnership and joint stock companies sole proprietorship, partnership and joint stock companies
What was the purpose of joint stock companies?
made money for the king of England to send settlers to the colonies of North America
How is the Joint-stock related to the overseas trade?
Joint-stock companies are related to overseas trade by an entrepreneur invest.
Did Maryland have joint stock companies?
NOPE NONONONONO
When did limited companies start?
Limited companies originated in the mid-19th century, with the Joint Stock Companies Act of 1856 in the United Kingdom being a pivotal moment. This legislation allowed for the formation of companies with limited liability, enabling investors to limit their financial risk to the amount they invested in the company. This concept quickly spread to other countries, leading to the widespread adoption of limited liability companies globally.
Is Starbucks a joint stock company?
public limited company
Joint stock companies raised money through the sale of?
Joint stock companies raised money through the sale of shares of stock. This allows the company to turn ownership over to the shareholders with the most stocks purchased.
