Much of the Wealth Derived from Colonies in the Americas

question 10

Multiple Choice

Much of the wealth derived from colonies in the Americas came from:

• A)sugar.
• B)cotton.
• C)gold.
• D)furs.
• E)tobacco.

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Definitions:

Limited LLC Member

A member of a limited liability company who has invested in the company but does not have a say in the day-to-day management or operations.

Management Decisions

Choices and actions taken by the management of an organization regarding its operations, strategic direction, and allocation of resources.

Limited Liability

A legal structure that shields owners' personal assets from the debts and liabilities of the business.

General Partners

Individuals in a partnership who are responsible for the management of the partnership and are personally liable for its debts.