Ask Question
21 October, 06:09

The form of organization of the various English colonies is important. The Virginia Company is described as a joint-stock company. What is a joint-stock company? Do you think it's any different from today's corporate form of business organization? Was it designed to win territory for the crown or profits for its investors?

+2
Answers (1)
  1. 21 October, 06:39
    0
    A joint stock stock company is similar to that of a public company, where shareholders are allowed to buy and sell shares freely in the market and who trades on a registered exchange platform. No it's not any different from today's corporate form of business organization because it's not that different from a public company which is current in today's business organizations. It was designed to earn profits for its investors because it was a limited liability company which means that the shareholders where not accountable for the actions taken by the joint-stock company so shareholders will only lose their amount of investment
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The form of organization of the various English colonies is important. The Virginia Company is described as a joint-stock company. What is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers