Answer: Initiative;guilty
Explanation:
Erikson stated that the overall personality development occurs through the 8 stages starting from infancy and ending on adulthood.
During the early childhood body undergoes many changes and during this time the children uses perception, motor, cognitive and language skills and interact with children and socializes.They make initiative for things around them, they play, they interact among their friends. This is during the age of 3 to 5 years.
These skills helps in overall development of the child and helps him achieving the smaller goals during childhood. Criticism or control, of any kind during this stage children develop a sense of guilt in them.
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.
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