Asked by Michael Simpson on Jun 21, 2024

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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.
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AG
Averina GraciellaJun 28, 2024
Final Answer :
C
Explanation :
Joint-stock companies limited liability to the amount an investor invested, making it less risky for individuals to invest in trade ventures. This encouraged more people to invest and led to the growth of international trade.