An absolute monarchy is a form of monarchy in which the monarch (king or queen) holds absolute power over their kingdom. They have no limits over how they rule, meaning that they are not restricted by any written laws, customs or legislature.
Abels Enterprises is likely a closely held corporation because shares of stock are not offered to the general public.
Since Abels Enterprises is a closely held corporation, it has a limited number of stockholders and its stocks are rarely exchanged.
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Explanation:
.Mercantilism in Great Britain consisted of the economic position that, in order to increase wealth, its colonies would be the supplier of raw materials and exporter of finished products. Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade.
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the president meets with officials to discuss where to cut back on federal spending