Examlex
During the industrial revolution,many lines of train tracks were laid down through the hard work of workers,who teamed up to nail in railroad ties.Each person in the group had to hit the nail once,in sequence,for it to be properly seated.This is most similar to:
Proprietorship
A form of business organization owned by a single individual who is responsible for its debts and entitled to its profits.
Personal Tax Rate
The percentage at which an individual's income is taxed by the government.
Limited Liability
A legal structure that limits the financial liability of company owners to the amount they have invested in the company.
Debt Instrument
A paper or electronic obligation that enables the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract.
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