Asked by Michael Simpson on Jun 21, 2024
Verified
Joint-stock companies encouraged investment in trade by
A) concentrating all liability on the bank.
B) concentrating all liability on the monarch.
C) limiting liability to the amount an investor invested.
D) limiting liability to less than an investor invested.
E) concentrating all liability on the shipping company.
Joint-Stock Companies
Businesses owned by shareholders who invest money and share in the profits and losses, allowing for larger capital and risk distribution.
Liability
The state of being responsible for something, especially in terms of legal or financial obligations.
Investment in Trade
The allocation of resources, including money, into the buying and selling of goods and services between countries with the aim of generating profits.
- Investigate shifts in urban expansion, investment in commerce, and the legal institutions intended for their governance.
Verified Answer
Learning Objectives
- Investigate shifts in urban expansion, investment in commerce, and the legal institutions intended for their governance.
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