1. LARGECAPITAL: The outstanding advantage is that it allows vast mobilization of capital which otherwise is not possible to arrange. In a public company, there is no limit to the number of members. A very large number of people acquire interest in the company by purchasing shares.
<h2>DISADVANTAGE OF JOINT-STOCK COMPANIES</h2>
1. FRAUDULENTMANAGEMENT:Frauds have been a common feature of many a company. The promoters and directors may indulge in fraudulent practices. The company law has devised various methods to check the fraudulent practices but they have not proved to check them completely.
Yes men and women were citizens or so called "pesents" but men had higher class than women because they did all the hard work and women just cooked and cleaned at home