The conflict was partly political and partly religious.
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders.
if only person was in charge of a government, it would gradually convert into a dictatorship, simply because there are no other branches of the government to keep the executive government in check. This is why governments have three branches, to make sure power is balanced. Two branches and even four branches wouldn't work because of uneven balances in power.