Question

Joint-stock companies allowed only the head of the company to benefit

from all profits.

True
or
False

Answer 1

Answer : the answer is false

Answer 2

False

Step-by-step explanation:

In joint stock companies, the profits are shared between all of the shareholders that invested in the company.

The head of the company gets some of the profits, but they are not the only one benefiting from the profit, as the other shareholders get an equal amount as well.

So, this statement is false.