Exemptions are important in bankruptcy. If property is âexemptâ, it means the debtor. may keep the property and does not have to turn it over to the bankruptcy trustee. All property-. even property the debtor intends to keep -must be listed on the debtorâs bankruptcy schedules.
In 1803 Robert Fulton invented the steamboat In 1736, Jonathan Hulls took out a patent in England for a Newcomen engine-powered steamboat. (but James Watt's improvement to t â¦ he steam engine made it feasible).
For example of their impact on the industrial revolution, the steamboats were used for shipment of resources as well as a few battles during the civil war. The Steamboats really proved to be extremely helpful and a good steppingstone from the sailboat and other forms of transportation at that time.fp=bbfadc7609e8f422&biw=1600&bih=754 After James Watt's invention of the steam engine as well as the beginning of the Industrial revolution, John Fitch another inventor came up with the idea of a steam boat. In 1787 Fitch launched his first successful steam boat on the Delaware river.