MP Board · Class 11 · Business Studies · Forms of Business OrganisationsThe capital of a company is divided into units called:
Step-by-Step Solution
The total capital of a joint stock company is divided into small equal parts called shares, which can be transferred by the shareholders.
Detailed Options Breakdown
Option : Debentures
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 1: Shares (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Stock
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
Option 3: Bonds
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Forms of Business Organisations.
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