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Today, 08:03

Which aspect of the financial system created by the Commercial Revolution most clearly paved the way for today's corporations?

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  1. Today, 08:19
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    The aspects of the financial system created by the Rommercial Revolution that most clearly paved the way for today's corporations is joint stock companies.

    Explanation:

    Joint stock company is that type of company in which the shareholders can buy and sell the shares of the company's stock. The transfer of share of the shareholders has no effect on the running of the company and its operations.

    The shareholders own the share of company's stock in a fixed proportion. Due to introduction of joint stock company growth and management of large-scale organizations is easier and more effective.
  2. Today, 10:14
    0
    The aspect of the financial system created that most clearly paved the way for today's corporations is joint stock companies

    Explanation:

    A joint stock company is a company whose stock is owned jointly by its shareholders and this aspect of shareholders co-owning stocks was the aspect created by the commercial Revolution to pave way for today's corporations
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