The company, whose capital is divided into a determinate number of shares.
The property is divided equal parts - tradable shares. They are traded on the capital markets. Purchasing the shares a person becomes a shareholder in a joint stock company. Thus he obtains a part of the company's value and shareholder rights: the right to dividends and vote at the General Meeting. Shareholder shall be liable for the loss of the company only up to the amount of its share. The joint stock company belongs to the most common forms of business.