Joint-stock companies were companies in which a group of people that invest in together. The investors all shared a part of the company's profits and losses. The joint-stock company allows all investors who buy a part of the company to share all profits and losses. It would allow the investor to lose less money than compared to when they were the sole owner of the company.
The growing needs of business cannot be satisfied with sole proprietorship and partnership. There is a need of some other form of organization to produce the goods on a large scale. Moreover the adoption of innovations of new technology is possible only in large unit. Sole proprietorship and Partnership forms of organization are suitable only for small and medium scale enterprises. These limitations of Sole proprietorship and Partnership gave birth to another form of organization known as company.
In simple words, in Joint Stock Company capital is contributed by large number of persons known as shareholders. The liability of these shareholders is limited to the extent of their investment in the company.
To fund companies at the starup stage of development. APEX;P
Britain
joint-stock companies
they were the foundation of the man
There were proprietary colonies, which were basically land grants given to individuals or small groups. There were also chartered colonies, which were land grants (or charters) given to private companies. Lastly there were royal colonies, meaning that the Crown had complete control over governmental actions (they appointed the governor and the council). Often chartered colonies became royal colonies after their charter was revoked. There you go (=
by selling shares to investors with a promise to shsre profits
by selling shares to investors with a promise to shsre profits
True
Life insurance companies invest their life fund in Government fund, shares in First Class companies of repute,as per advice of their Fund Investment Advisors.
set up joint-stock companies
There are numerous Mutual Fund companies throughout the world. The top MF companies in India are:HDFC Mutual FundReliance Mutual FundICICI Prudential Mutual Fundetc
To fund companies at the starup stage of development. APEX;P
There is a Bush Era mutual fund created in 2005 called the Roosevelt Anti-Terror Multicap fund. This mutual fund does not invest in any companies from North Korea, Sudan, Syria, or Iran. The fund does not invest in companies from terror-sponsoring countries.
There are a few mutual fund companies that offer low expense ratios on mutual fund investments. One of those companies is Scottrade, the company is people friendly and willing to work with an individual to assist them in making sound financial decisions.
insurance
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vanguard