Distribution of Profits. 45 



productive industry must fall under some one of tbem. 1 sum- 

 marize them in closing: 



Case I. Where the same person is capitalist, business manager 

 and laborer. 



Case 11. Where the capitalist and business manager are the 

 same per.-on, employing laborers. 



Case III. Where the capitalist employs the business manager 

 and laborers. All business corporations are a variety of this 

 ca=;e. 



Case lY. Where the manager carries on the hnsiness, borrow- 

 ing or renting of the capitalist and employing laborers. 



Case y. Where an association of laborers employ themselves 

 and furnish their own capital. 



