State whether the following statements are True or False:i. A Joint S

1.	State whether the following statements are True or False:i. A Joint Stock company is a voluntary association of persons.ii. A Joint Stock company is a formal form of business organization.iii. Registration of a Joint Stock company is compulsory.iv. A Joint Stock company is a natural person.v. A Joint Stock company does not enjoy independent legal status.
Answer» i. True ii. True iii. True iv. False v. False

State whether the following statements are True or False:i. A Joint Stock company is a voluntary association of persons.ii. A Joint Stock company is a formal form of business organization.iii. Registration of a Joint Stock company is compulsory.iv. A Joint Stock company is a natural person.v. A Joint Stock company does not enjoy independent legal status.

Answer»

i. True

ii. True

iii. True

iv. False

v. False