Bernie Wants to Go into the Business of Construction Contracting

question 28

Multiple Choice

Bernie wants to go into the business of construction contracting.Among the reasons that would probably convince Bernie to set up his business as a sole proprietorship would be

• A)its greater flexibility.
• B)its limited liability.
• C)its perpetual existence.
• D)the ease of transferring the business to other family members.

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Definitions:

Black Codes

Laws passed in the southern United States after the Civil War, intended to restrict African Americans' freedom and compel them to work in a labor economy based on low wages or debt.

Apprenticeship Laws

Legal frameworks historically designed to regulate the training of apprentices in skilled trades and professions.

Mulattoes

Historically referred to individuals of mixed African and European ancestry.

Northerners

Residents or natives of the northern part of a country or region, often distinct in cultural, social, or economic practices from those in the southern part.