A joint stock company enjoys perpetual existence because<...
A joint stock company enjoys perpetual existence because
There is a higher degree of specialization
It is a corporate entity
It is formed by a minimum of seven members
Its shares are easily
Correct answer is B
A joint stock company enjoys perpetual existence because it is a corporate entity. This means that the company is a legal person separate from its members. As a result, the company can continue to exist even if the members change or die.
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