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Normally, when you buy stock, you buy that stock in a company that is run by a specific person or persons. However in a joint stock company, the owner is the shareholders.
define joint stock company discribe main feature of joint stock company
yes, it was sponsored by London merchant adventurers who formed a joint-stock company to pay for the venture yes it was
A Joint stock company allows more capital to be produced, allowing that capital to be reinvested in that company.
yes
joint stock company
Investors were promised part of the profits.
Investors were promised part of the profits.
a company owned by investors who share the profits
Investors were promised part of the profits. >niece
joint-stock company
Joint-stock companies were companies in which a group of people that invest in together. The investors all shared a part of the company's profits and losses. The joint-stock company allows all investors who buy a part of the company to share all profits and losses. It would allow the investor to lose less money than compared to when they were the sole owner of the company.
joint stock company
Common :)
Share the risks and profits of an undertaking. Just a guess, though.
Common :)
common