The event that was not a contributory factor towards the evolution of capital valuation is:
A)The development of joint stock companies with limited liability in England
B)The World War II
C)The railway expansion in the United States
D)Publication of the first definitive statement on the concepts of capital and profit by Paton and Littleton

Question

Quizplus · Accepted Answer

World War II did not directly contribute to the evolution of capital valuation. The development of joint stock companies with limited liability in England, the railway expansion in the United States, and the publication of the first definitive statement on the concepts of capital and profit by Paton and Littleton all had a significant impact on the evolution of capital valuation.

The Event That Was Not a Contributory Factor Towards the Evolution