answersLogoWhite

0

What is joint stock company?

Updated: 4/28/2022
User Avatar

Wiki User

9y ago

Best Answer

A joint stock company refers to a company whereby the stock is owned jointly by the shareholders. The stockholders are usually liable for the company debts.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is joint stock company?
Write your answer...
Submit
Still have questions?
magnify glass
imp