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Which of the Following Maritime Innovations Allowed Sailors to Maximize

question 50

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Which of the following maritime innovations allowed sailors to maximize the power of the monsoon trade winds in the Indian Ocean?


Definitions:

LLCs

Limited Liability Companies, a business structure in the United States that offers personal liability protection and flexibility in management and taxation to its members.

S-Type Corporations

S Corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

Personal Tax Rates

The percentage at which an individual is taxed on their income, which varies according to income levels and jurisdictions.

Agency Problem

A conflict of interest inherent in any relationship where one party is expected to act in another's best interests, such as between shareholders and management.

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