If a Proprietorship Cannot Pay Its Debts, the Creditors May

question 104

Multiple Choice

If a proprietorship cannot pay its debts, the creditors may make claims against the:

• A)employees of the business.
• B)assets of the proprietor.
• C)state government.
• D)assets of the proprietorship only.

Understand the AIDA procedure and its steps in sales presentation.

Recognize different sales presentation methods and their suitability to various selling situations.

Identify the advantages and disadvantages of memorized sales presentation.

Explain the concept and advantages of the formula sales presentation method.

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Definitions:

Philadelphia Convention

The meeting in 1787 that resulted in the drafting of the United States Constitution.

Slave Trade

The historical trade in which people were captured, forcibly transported, and sold as slaves, profoundly impacting Africa, the Americas, and Europe from the 16th to the 19th century.

Black Soldiers

African American military members who have served in various capacities in the armed forces, especially noted during the American Civil War and both World Wars.

War for Independence

Refers to the American Revolutionary War (1775-1783), in which the thirteen American colonies fought for and gained independence from British rule.