Practice free →
Home › Bihar Board Class 12 (Commerce) › Accountancy › Accounting for Share Capital › Who are the real owners of a joint stock company?

Who are the real owners of a joint stock company?

AThe directors
BThe shareholders
CThe creditors
DThe auditors
Answer & Solution
Correct answer: B. The shareholders
Capital is contributed by shareholders, so they own the company and only elect directors to manage it.
Solve this in the app — Bihar Board Class 12 (Commerce) practice & 24k+ MCQs →
Related questions