A joint stock company can raise huge capital​: State with reasons whether the following statements are true or false.

A joint stock company can raise huge capital​: True

Explanation: A joint stock company has numerous sources of raising funds.  A few of the fund-raising sources include, issuing financial securities (such as shares, debentures and bonds), raising finance from the general public via public deposits and borrowings from banks or other financial institutions. Thus, a joint stock company can raise huge capital.