In Order to Break the Deadlock Between Large and Small

question 16

True/False

In order to break the deadlock between large and small states at the Constitutional Convention,Virginia,as one of the largest states,proposed the Great Compromise,which guaranteed that large states would hold more power in the constitutional balance by having membership in both houses of Congress based on population.

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Definitions:

Limited Legal Liability

A legal status in which an individual's financial responsibility for a business's debts or obligations is restricted to a predetermined amount, usually limited to their investment.

Small Business

An enterprise with limited revenue and a small number of employees, as defined by government standards.

Raise Capital

The act of obtaining funds or resources for business operations, expansion, or investment.

Franchise

A business model where the brand and business system of a franchisor is licensed to a franchisee in exchange for fees or royalties.