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Business Organization Bus/210 University of Phoenix

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Business Organization;A joint stock company sells shares of stock to investors that guarantee them the right to a certain percentage of the company?s profits (Jones, G.R. 2007). An example of a joint stock company was the Virginia Company in 1606. English merchants used joint stock companies in the Seventeenth century to pool capital and share the risk associated with trading voyages

 

Paper#22463 | Written in 18-Jul-2015

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