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).
The steamboat represented an important phase in the development of shipping. Before the steamboat was invented, boats were powered by sail power. From the mid-19th to the mid-â¦ 20th century, steamboats were the most important type of boats for transportation, trading and warfare.