State demerits of Joint Stock company.

1.	State demerits of Joint Stock company.
Answer» ANSWER ______________________________________ Demerits of joint stock company are as follows :- •Legal formalities :- formation of a company is a TIME consuming and expensive PROCESS to many LEGAL formalities have to be observed and several legal documents have to be prepared and field delay information Mein deprived the BUSINESS from the momentum of an early start. •corrupt Management :-In accompanied there is often danger of fraud and misuse of property by DISHONEST management bogus companies may be formed to deprive the investors of their hard earned money. ______________________________________

Answer»

ANSWER

______________________________________

Demerits of joint stock company are as follows :-

•Legal formalities :- formation of a company is a TIME consuming and expensive PROCESS to many LEGAL formalities have to be observed and several legal documents have to be prepared and field delay information Mein deprived the BUSINESS from the momentum of an early start.

•corrupt Management :-In accompanied there is often danger of fraud and misuse of property by DISHONEST management bogus companies may be formed to deprive the investors of their hard earned money.

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