sole proprietorship
This is a business, unincorporated,run by an individual with no distinction between the owner and the business. The owner is not only entitled to all the profits but also,in case business goes wrong, is responsible solely for the losses. In addition, there is no distinction between the owner and the debt, such that in case the business goes into debt the responsibility for paying these debts rests on owner.
Answer:
Explanation:
The Long Struggle for Representation: Oral Histories of African Americans in ... Collection of the U.S. House of Representatives, Jim Oliver Collection ... in London, the British Parliament bestowed a replica of the Magna Carta to ... “Nothing could be more symbolically important to the people of the United States.
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The correct answer is: frontier farming became easier because there were new tools that helped break the soil faster. However, even though there were many useful tools for farming, it was also difficult for people to get a job since the machines were taking their places.
For example, there were new machines such as farming with windmills, steel plows and reaping machines which made harvesting quick and easy.
Nevertheless, it was hard for farmers to pay for these tools and put them in debts. They dealt with economic problems as crop prices dropped and their debts grew.