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Identify the company that went insolvent in 1799 when it fell victim of declining markets in the late 18th century, internal corruption, and excessive distribution of dividends.
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| Fannie Mae |
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| Barings Bank |
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| Dutch East India Company |
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| Chevron-Texaco |
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It was nationalised by the Batavian Republic in 1796 but nevertheless closed down at the end of 1799.
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The correct answer was Dutch East India Company
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