One advantage of Joint Stock Company is that, its shareholders have A. company code. B. large capital. C. limited liability. D. secure tenure.

here are the answers to the questions:

49. One advantage of Joint Stock Company is that, its shareholders have
The correct option is C.
Shareholders in a Joint Stock Company benefit from limited liability, meaning their personal assets are protected from the company's debts; their liability is limited to the amount they invested in shares.

• C. limited liability. $$\boxed{\text{C}}$$

50. The democratic method of selecting representatives is mostly employed in
The correct option is A.
Co-operative Societies are organizations owned and controlled by their members, who typically elect representatives (like a board of directors) using democratic principles, often with one member, one vote.

• A. Co-operative Societies. $$\boxed{\text{A}}$$