- Has limited liability/shareholders debts do not go beyond their contribution
- Separate legal entity/firm and share holders act as different entities
- Perpetual succession-death of a member does not lead to dissolution
- Earn dividends/shareholders earn dividends when the firm makes profits
- Free sale of share/an investors may buy or sell shares as he wishes
- Professional management-can employ highly qualified personnel leading to high profits
(Visited 761 times, 1 visits today)
