What is the joint-stock company?

What is a joint stock company and how did it contribute to the English settlement in the Americas?

  • Answer:

    A joint stock company is a business entity. Certificates of stock are issued by the company in return for financial contribution, and the shareholders are free to transfer their ownership interest at any time by selling their stockholding to others.

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A joint stock company is a business entity. Certificates of stock are issued by the company in return for financial contribution, and the shareholders are free to transfer their ownership interest at any time by selling their stockholding to others.

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