To Readout the Particular Advantages of Join Stock Company in Perspective of New Bylaw of Trade Act

The jointstock company as one of the most important commercial companies has advantages that distinguishs it from other ones. This paper wants to survey those in according to the current regulations and the new bylaw of Trade Act. It can be said that the require measure for the number of members and quantity of asset, portion of asset to stock, limitation of members liability to the nominal value of stock, possibility for free transfer and it is amounts to be a commercial company in the sake of its shape are distinguishing advantages of this company from the others. Comparing these advanteges in the current regulations and the new bylaw of Tarde Act may have different results.