Jessica, Joel and Tracy desire to set a Software Company in Jamaica. They have a limited capital with them. They plan to offer IT solutions to Companies in wider Caribbean and beyond that to Europe and America. The proposed number of Employees is likely to be 50. They have hired your services as Company Law Professional and seeks your opinion on choosing a Form of Business Organisation which suits them the most. 

In light of the above statement while explaining different form of Business Organisation explain the Features of Joint Stock Companies registered under Companies Act 2004