A joint stock company enjoys perpetual existence because
- there is a higher degree of specialization
-
it is a corporate entity
- it is formed by a minimum of seven members
- its shares are easily
The correct answer is: B
Explanation
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.