Answer:
Across from the northern China Sea are two countries which, although they share the same Korean language and culture, are separated into two separate countries.
These are known as <u>North Korea</u> or the Democratic People's Republic of Korea, and <u>South Korea</u> or the Republic of Korea. The capital city of the Republic of Korea is <u>Seoul.</u>
Unlimited liability-this is by far the greatest disadvantage to the proprietorship. Even though proprietors may invest only part of their capital in the business, they remain personally liable to the full extent of their assets for the liabilities of the business.