what do you know about the trading companies founded in Modern Period?
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Answer:
A trading company is a business that works with different kinds of products sold for consumer, business purposes. In contemporary times, trading companies buy a specialized range of products, shopkeeper them, and coordinate delivery of products to customers.
Trading companies may connect buyers and sellers, but not partake in the ownership or storage of goods, earning their revenue through sales commissions.[1] They may also be structured to engage in commerce with foreign countries or territories.[2] During times of colonization, some trading companies were granted a charter, giving them "rights to a specific territory within an area claimed by the authority granting the charter including legal title, a monopoly of trade, and governmental and military jurisdiction".