Talking to a person you do not know, an email to a business representative, and similar would be situations where someone would have to use formal language.
Answer:were is the statement
Explanation:
The joint-stock company was the forerunner of the modern corporation. In a JOINT-STOCK VENTURE, stock was sold to high net-worth investors who provided CAPITAL and had limited RISK. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick.
After the passage of the seventeenth amendment, Two senators were elected to serve each state. The seventeenth amendment to the united states constitution of the United States established the popular election of the United States Senators by the people of the states.