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cestrela7 [59]
3 years ago
15

Which type of business is defined in part by its unlimited liability?

History
1 answer:
nadya68 [22]3 years ago
4 0
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.
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The territory that became an independent country and was not a U.S. acquisition during American imperialism in the 1890s is Cuba.

In the 1890s, the Island region known as Cuba was under Spanish rule until the Spanish-American war.

Following the Spanish-American war in 1898, when the United States defeated Spain, the Spanish government ceded the Cuba territory to the United States under the Treaty of Paris.

However, by 1902, Cuba became independent, which made the island to be removed from the United States acquisition during the period of American imperialism in the 1890s.

Hence, in this case, it is concluded that the correct answer is Cuba.

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