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Home Q & A Board Science-Related Homework Help Psychology Developmental Psychology
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judoca24 judoca24
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6 years ago
Why were partnerships formed in the late medieval period?
 
  A) Partnerships were formed to avoid bankruptcy in the event of a defaulted transaction.
  B) Large-scale financial businesses required a pooling of capital and managerial talents, therefore, merchants or family members often formed partnerships to accommodate this.
  C) Partnerships were formed to create a monopoly and control over various trading ports in Europe.
  D) Partnerships were formed out of arranged marriages for the purposes of conducting international business.
  E) Large-scale businesses involved in international trade required a contact at the other end, thus, partnerships were formed.
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AseizeAseize
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