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).
That honor would go to American inventor Robert Fulton, who had successfully built and operated a submarine in France in 1801, before turning his talents to the steamboat. His achievements in making steamboats a commercial success was why heâs known as the father of steam navigation..