The British were in a spot — all because of tea. The partial repeal of the Townshend Acts did not bring the same reaction in the American colonies as the repeal of the Stamp Act. Too much had already happened. Not only had the Crown attempted to tax the colonies on several occasions, but two taxes were still being collected — one on sugar and one on tea. Military occupation and bloodshed, whether intentional or not, cannot.
For capital stock in the sense of the fixed input of a production function, see Physical capital. For the goods and materials that a business holds, see Inventory. For other uses, see Stock (disambiguation). The stock (also capital stock) of a corporation is constituted of the equity stock of its owners. A single share of the stock represents fractional ownership of the corporation in proportion to the total number of.
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