q what is joint stockjoint stock a form of, Microeconomics

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q what is joint stockjoint stock a form of

Q. What is Joint Stock?

Joint Stock: A form of business in which company's assets are jointly divided among a large number of different individual owners, each of whom owns a specified share of company's total wealth. Joint stock companies are governed by a weighted voting system in that investors' influence depends on number of shares they own.

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