Concept:In a joint-stock company, ownership is separate from day-to-day management, which creates certain disadvantages.
Explanation:Shareholders are the owners, but they usually have little direct say in daily business decisions.
Professional managers, who may not be owners, control the company's operations.
These managers may not always work in the best interest of the shareholders.
This limited control by shareholders is a real disadvantage.
Also, shareholders enjoy limited liability and the company continues even if a shareholder dies.
Therefore, the correct disadvantage is limited control in management by shareholders.
Answer:D. limited control in management by shareholders.