The Articles of the Confederation is considered the first constitution of the United States. It established the Union and was created during the Revolutionary War. The Articles of the Confederation was drafted in 1777 by the Continental Congress. The same Continental Congress also passed the Declaration of Independence. The articles established cooperation between the 13 states. The government that the articles established was in favor of the states having their own power.
Yes they should i did this before
Uhhh need more info for an answer
The correct answer is A) The creation of a joint stock company .
This situation is most similar to the creation of a joint stock Company.
In this business association, the owner and his friends will share the profits, but if it fails, they will split the losses.
A joint-stock company is a form of business association or business entity where the shareholders buy and sell shares of the company's stock. If the Company has profits, all the shareholders split the dividends. But if the Company has losses, all the shareholders assume the loss.