How Did Robert Owen First Establish Himself

question 49

Multiple Choice

How did Robert Owen first establish himself?

• A) He founded a new sect of Christianity.
• B) He took Karl Marx's ideas and promoted communism.
• C) He founded a model factory village in Scotland.
• D) He worked for his father,who was serving in the U.S.Congress.
• E) He established a farming community in Massachusetts.

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Definitions:

Sales Tax Payable

A liability account in a company's financial statements, representing sales tax collected from customers but not yet remitted to the government.

Sale

The exchange of a product or service for money, constituting the main operational activity for most businesses.

Liability Account

An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.

Terms

Conditions under which a sale is made, including payment timeframe, discounts, and penalties for late payment.