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Question Practice

Why is a joint stock company considered an 'artificial person'?

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

Why is a joint stock company c...

Single Answer MCQ
Q-00064476

Why is a joint stock company considered an 'artificial person'?

1

It requires no legal registration.

2

It cannot own property.

3

It is created by law and has rights similar to an individual.

4

It must be managed by real persons only.

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