Which of the Following Was a Key Development That Encouraged

question 75

Multiple Choice

Which of the following was a key development that encouraged continental European banks to invest in industrialization?

• A) They were allowed to make all active partners liable for the firm's debts.
• B) They began to establish limited-liability investments.
• C) They replaced many of the old managers with young, aggressive investment bankers.
• D) They began to recruit bank deposits from the landed aristocracy.

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Definitions:

Employment Standards Act

A body of law that establishes minimum employment conditions such as wages, hours of work, and leave entitlements.

Wrongful Dismissal

Termination of an employee's contract of employment in breach of the contract or without proper legal reason.

Corporate Reorganization

The restructuring of a company’s business operations, such as through mergers, acquisitions, or bankruptcy proceedings, often to increase efficiency or profitability.

Employment Contract

A formal agreement between an employer and an employee outlining the terms and conditions of employment, including duties, compensation, and duration.