How Did the United States React to the XYZ Affair

question 62

Multiple Choice

How did the United States react to the XYZ affair?

• A) President Adams chose to submit to Talleyrand's demands.
• B) Congress demanded that France abide by previous treaty agreements.
• C) President Adams called for a boycott on trade with France.
• D) Congress launched an undeclared war with France.

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Definitions:

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Identifiable Intangibles

Non-monetary assets without physical substance, which can be separated from a company and sold, transferred, licensed, rented, or exchanged.

Intangible Assets

Assets that lack physical substance, like copyrights, patents, trademarks, and goodwill.

Physical Substance

A characteristic referring to the tangible nature of an asset, implying it has a material existence.