Vidyalelo
Commerce · Q18

Business and Commerce

Graduate and Post Graduate · Commerce · question 18

Q18

A Joint stock company is governed by _______.

A.
Companies Act 2006
B.
Companies Act 1936
C.
Companies Act 2012
D.
Companies Act 2013
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
A Joint stock company is governed by Companies Act 2013. A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders.