Lord North Convinced Parliament to Repeal the Townshend Duties, Except

question 35

Multiple Choice

Lord North convinced Parliament to repeal the Townshend duties, except the tax on tea, because of his conviction that

• A) such a concession would lead to meaningful negotiation between Parliament and the colonies.
• B) the duties were detrimental to the economic well-being of the colonies.
• C) only colonial assemblies had the power to impose taxes in the colonies.
• D) it was bad policy to impose duties on trade within the empire.

---

Definitions:

Deferred Payment

An agreement to postpone payment until a later date, often used in sales and financing arrangements.

Simple Interest

Simple interest is a method of calculating interest where the interest charge is based on the original principal amount and does not accumulate or compound over time.

Variable Interest Rate

An interest rate that can fluctuate over time, usually based on underlying economic indicators or indices.

Pay Off

To completely repay the outstanding balance of a loan or debt.