What Was Not a Characteristic of the United Provinces

question 17

Multiple Choice

What was not a characteristic of the United Provinces?

• A)It was born of resistance to the Habsburgs of Spain
• B)It was solidly Catholic
• C)It embraced a form of Calvinism
• D)It quickly became an economic power
• E)It is roughly coterminous with the modern Netherlands

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Definitions:

360-Day Year

An accounting convention that simplifies interest calculations by assuming there are 360 days in a year.

Note Payable

A financial obligation or loan evidenced by a written promissory note specifying payment terms.

Discounted Note

A promissory note whose proceeds are issued at a price lower than its face value, with the difference compensating the lender for risk.

360-Day Year

An accounting convention that simplifies interest calculation by assuming all months have 30 days, resulting in a 360-day year.