Read this article to learn about the points of advantages and disadvantages of joint stock company or companies in brief: Advantages include: (i) Limited liability, (ii) Continuity of transactions, (iii) Benefits of large scale operations, (iv) Professional management, (v) Social benefits, (vi) Research & Development, (vii) Transfer of shares, (viii) Stability. Disadvantages include: (i) Formation… (0 comment)