Is there any difference between joint stock company and joint venture
Dear Student
These two are completely different forms of business.
Hope this information clarifies your doubts. Keep posting :-)
Regards
These two are completely different forms of business.
- A JOINT STOCK COMPANY can be described as an artificial person, having a separate legal entity, perpetual succession, and a common seal.
- When two or more independent firms together establish a new enterprise by pooling their capital, technology and expertise, it is known as a joint venture.
Hope this information clarifies your doubts. Keep posting :-)
Regards