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Describe some of the problems under the Articles of Confederation that led to the drafting of a new constitution. Why were the Articles deemed inadequate for governing the United States during peacetime? What crises, real or potential, did many political actors fear?
Employer
An individual or organization that hires and remunerates individuals to undertake specific roles or jobs, often providing direction and control over the work performed.
Sole Proprietorship
A business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.
Corporation
A legal entity recognized by law as separate from its owners, providing limited liability and allowing it to own property, enter contracts, and sue or be sued.
Partnership Agreement
A contract between business partners that outlines the terms, conditions, and responsibilities within the partnership.
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