The advantage of a joint-stock company in colonization, according to Penn Foster, is <u>B. It allowed </u><u>many investors</u> to pool their resources.
<h3>What is a joint-stock company?</h3>
A joint-stock company is a form of business that is owned by many investors.
An investor owns a share in a joint-stock company based on the amount of stock purchased.
Joint-stock companies are created in order to:
- Finance expensive ventures.
- Pool resources of many investors together to achieve goals.
- Ensure the perpetual existence of the entity, which is not dependent on individual investors by making shares transferable.
Thus, the advantage of a joint-stock company in colonization, according to Penn Foster, is <u>B. It allowed </u><u>many investors</u> to pool their resources.
Learn more about joint-stock companies at brainly.com/question/882608
