A joint stock company enjoys perpetual existence because
A.
There is a higher degree of specialization
B.
It is a corporate entity
C.
It is formed by a minimum of seven members
D.
Its shares are easily
Correct answer is B
A joint stock company enjoys perpetual existence because it is a corporate entity. This means that the company is a legal person separate from its members. As a result, the company can continue to exist even if the members change or die.
