omtex.co.in : The ownership and management are not separate in Joint stock company: State with reasons whether the following statements are true or false.

The ownership and management are not separate in Joint stock company: State with reasons whether the following statements are true or false.

The ownership and management are not separate in Joint stock company: False

Explanation: The ownership and management are separate in a joint stock company. While the ownership lies in the hands of the shareholders, the management lies in the hands of the directors.