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Under Chancellor Otto Von Bismarck in 1883, Which of the Following

question 14

Multiple Choice

Under Chancellor Otto von Bismarck in 1883, which of the following was the first country to provide a form of national insurance coverage?


Definitions:

Unincorporated Business Association

A group engaged in business without the formalities and legal protections of incorporation, such as partnerships or sole proprietorships.

Limited Liability

Limited Liability is a legal structure that limits an owner's or shareholder's personal liability for a company's debts and obligations.

General Partners

Members of a partnership who are responsible for the management of the partnership, have full authority to bind it, and face unlimited personal liability for its debts.

Limited Partners

Individuals in a partnership who invest money but do not have management responsibilities and whose liability is limited to the amount of their investment.

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