Who Were the Tax Farmers

question 8

Multiple Choice

Who were the tax farmers?

• A)farmers whose property could be taxed
• B)people who bought from the government the right to collect taxes
• C)farmers who bought farms at auction for delinquent taxes
• D)farmers who bought land with money collected from taxes
• E)farmers who were exempt from all taxes

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Definitions:

Common Share

A type of security that represents ownership in a corporation, entitling the holder to vote at shareholders' meetings and to receive dividends.

Syndicate

A group of underwriters formed to reduce the risk and help to sell an issue.

Group of Underwriters

A team of financial institutions or individuals that jointly take on the risk of issuing new securities by purchasing them from the issuer and selling them to the public.

Reduce Risk

Strategies and measures employed by individuals or companies to minimize the exposure to financial loss or operational failures.