Advantage of joint stock companies, Finance Basics

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Advantage of Joint Stock Companies

The company can own assets and incur liabilities on its own accord.
Perpetual existence as or going to relate that allows the company to create strategic plans to raise finance in Capital Markets more simply.
Limited liability.
Title to share is freely transferable that creates these shares more of an investment.
Exception - Private limited companies whose transfer of shares requires the consent of its members.
Large sources of finance.
Shares may be needed as securities.

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