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What Ironic Consequence Did William Penn's Generous Policies,such as Religious

question 128

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What ironic consequence did William Penn's generous policies,such as religious toleration and inexpensive land,have?


Definitions:

Authorized Capital Stock

As stated in its charter, the number of shares of capital stock (common and preferred) that a corporation can sell.

Issued Capital Stock

Stock that the corporation issues for assets or services contributed by the stockholders.

Mutual Agency

A principle in partnership where each partner is fully authorized to act on behalf of the partnership, making decisions that bind all parties.

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