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Question Practice

What happens to the assets of a joint stock company if it goes bankrupt?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

What happens to the assets of ...

Single Answer MCQ
Q-00064475

What happens to the assets of a joint stock company if it goes bankrupt?

1

Shareholders lose their investments only.

2

All five investors lose personal assets.

3

Assets are divided among creditors first.

4

The government takes all the assets.

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