It Was More Difficult for Serfs to Improve Their Economic

question 5

Multiple Choice

It was more difficult for serfs to improve their economic and social status because:

• A)serfs were forced to work every daylight hour of every day to produce food for their lord.
• B)serfs were illiterate,and literacy was required for social and economic mobility.
• C)serfs were regularly fined large amounts by their lords for very small infractions.
• D)serfs were tied to their lord's manorial lands and so could not move.
• E)the aristocracy violently oppressed all serfs.

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Definitions:

Intercompany Sale

Transactions of goods or services between subsidiaries within the same parent company.

Bond Discount

The amount by which the market price of a bond is lower than its principal amount due at maturity.

Equity Method

An accounting technique used to record an investor's proportional ownership in a company by recognizing income and increases in investment for the investor's share of the investee's profits.

Acquisition Differential

The disparity between what was paid to acquire a company and the fair market value of its recognizable net assets.