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AP US History
Unit 2 – Colonial Society, 1607–1754
Topic 2.2
What were the benefits of using joint-stock companies during the colonization of the New World?
All shareholders had unlimited liability for potential debt or obligations to the company.
Only one investor was needed to finance a whole expedition.
Access to more capital, limited liability for individual investors, and shares could be bought and sold openly.
They guaranteed instant wealth for all shareholders.
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AP US History - 2.2 European Colonization
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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