They are found in the cold waters of the Atlantic coast from the Canadian Maritime provinces as far south as the Virginia and North Carolina, but are most common — and famous<span> — in the waters off </span>Maine<span>. About half the catch of cold water </span>lobster<span> in North America comes from </span>Maine<span>.</span>
Answer: Shared debt liability
Explanation:
Shared debt liability in this context means that in the case of a default, the owners of the business are personally liable for the debts of the business and so creditors can come for their personal assets to get settlement for the debt.
Both Sole Proprietorships and Partnerships have a shared debt liability with their businesses because if the business defaults on debt and the assets of the business are not sufficient enough to cover the debt, the creditors can come after the personal assets of the sole proprietor or the Partners.
Answer:
Financial system promotes capital market. A dynamic capital market is capable of attracting funds both from domestic and abroad. With more capital, investment will expand and this will speed up the economic development of a country
Simply
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
Explanation:
The correct answer is B) Federalism.
Dividing power between the state and national levels is known as "Federalism."
The framers believed in the principle of Federalism that is the system of government where power is divided between a central government and regional governments. The framers of the U.S. Constitution granted some faculties to the national government and granted others to the states.
The framers respected the states because they were already functioning one way or the other the people of that time were font to their states.
In other words, when we talk about United States politics, the principle of federalism refers to that the power of the government is shared by the state governments and the federal government.
This power functions under a system of checks and balances in which none of the branches of the government was more powerful than the other two. In the US government system, when federal law conflicts with state law, the federal law will win. This is included in the Constitution as the Supremacy Clause.
