An american restaurant owner convinces several friends to him pay the costs to open a second location. if the new restaurant succeeds, the owner and his friends will share the profits. if it fails, however, all of them will split the losses. this situation is most similar to which of the following? a. the changes of prices according to supply and demandb. the expansion of the consumer marketc. the regulation of businesses under mercantilismd. the creation of a joint stock company

The correct answer is D) The creation of a joint stock company .

This situation is most similar to the creation of a joint stock Company.

In this business association, the owner and his friends will share the profits, but if it fails, they will split the losses.  

A joint-stock company is a form of business association or business entity where the shareholders buy and sell shares of the company's stock. If the Company has profits, all the shareholders split the dividends. But if the Company has losses, all the shareholders assume the loss.

each played a major role in ending the cold war.

c

the articles of confederation placed most of the power on the feds