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The owner himself buys goods and sells them again, pays his help, or designates employees to do these things for him; whatever profit is made is the proprietor's own profit, which he may reinvest in the business or otherwise dispose of as he will. Of course, if he has debts he must pay them or his creditors will seize his property. In such a case, if the assets of the business itself are not sufficient to pay the debts, the creditors may take if necessafy all of his other property. His liability is unlimited. While, from the standpoint of the owner, this may be looked upon as a serious objection to the individual proprietorship form, we must not lose sight of the fact that on the other hand, since the creditors may look to all of the owner's property, they are likely to be inclined to grant credit more liberally to the individual proprietorship than to a concern whose owner's liability is limited. The individual proprietor, accordingly, is able to secure a larger amount of borrowed wrking-capital, and consequently to do a larger volume of business and make a larger amount of profits, than if his liability were limited. Naturally, a sole proprietorship does not often become very large. The success of the business depends too much upon the presence and personal attention of the proprietor; in case of his sickness or death it is doubtful What would become of the business. Usually then, the business has only such an amount of capital and as many employees as the owner can give attention to himself, although it is possible for an individual of extraordinary organizing ability to carry on a very large business with the help of able assistants and by means of an intelligent division of work....