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blagie [28]
1 year ago
11

What was a form of business in which a group of investors shared profits and losses?

History
1 answer:
Kobotan [32]1 year ago
4 0

joint-stock company form of business in which a group of investors shared profits and losses.

Option D is correct

What is a joint-stock company ?

In a joint stock company, the ownership is divided into transferable units known as shares. In case of a public company the shares can be transferred freely, there are almost no restrictions.

How did a joint-stock company work?

A joint-stock company is a business that is owned by its investors. The shareholders buy and sell shares and own a portion of the company. The percentage of ownership is based on the number of shares that each individual owns

What are the objectives of joint stock company?

The purpose of a joint-stock company is to raise capital. By selling ownership shares, the company raises money that it might otherwise not be able to get from its founders or business operations

Learn more about joint stock company:

brainly.com/question/11035712

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