The most important advantage of a joint stock company form of business organization is that _________.
A. the liability of its member is limited
B. members can conveniently transfer their shares
C. it offers infinite scope for expansion
D. it mobilizes vast amount of financial resources
Answer: Option B
Solution (By Examveda Team)
The most important advantage of a joint stock company form of business organization is that members can conveniently transfer their shares. The shares of a company are transferable. Also, in the case of a listed public company they can also be sold in the market and be converted to cash.This Question Belongs to Commerce >> Business And Commerce
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