What Was a Significant Reason That Rulers Encouraged the End

question 24

Multiple Choice

What was a significant reason that rulers encouraged the end of serfdom during the twelfth century onwards?

• A)It freed peasants and allowed them to be taxed.
• B)It meant that peasants would remain unfree for decades.
• C)It allowed rulers to force peasants to relocate to unpopulated parts of the kingdom.
• D)It allowed rulers to force peasants to convert to their religion.
• E)It allowed peasants to stay on land even if it was sold to another peasant.

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Definitions:

Firm Commitment

An underwriting agreement in which an underwriter agrees to buy all the unsold shares in an initial public offering (IPO).

Underwriter

A person or institution that assesses and accepts the risk on investments, insurance, or securities, often by buying or guaranteeing them.

Direct Costs

Direct costs are expenses directly tied to the production of a product or service, such as raw materials and labor.

Marginal Tax Rate

The rate of tax applied to the next dollar of taxable income, indicating the percentage of additional income that is taken in taxes.