American Foreign Policy During the 1920s

question 49

Multiple Choice

American foreign policy during the 1920s:

• A) reflected the close working relationship between government and business.
• B) expanded on Woodrow Wilson's goal of internationalism.
• C) included the lowering of tariffs.
• D) discouraged American business investment abroad.
• E) included a complete retreat from military intervention.

Understand the roles and duties of an agent to the principal.

Distinguish between the concepts of agent, principle, and employee within the context of business law.

Recognize the legal implications of actions taken by agents on behalf of undisclosed principals.

Understand the principle of vicarious liability in partnerships.

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Definitions:

Balanced Power

A situation in international relations where power is distributed among various nations so that no single nation can dominate or interfere significantly with others.

Supreme Court

The highest federal court in the United States, consisting of nine Justices and having ultimate jurisdiction over all federal court cases and state court cases involving issues of federal law or the Constitution.

Wagner Act

A foundational piece of labor legislation passed in 1935 in the United States that established the rights of workers to unionize and engage in collective bargaining.

Popular Front

A broad coalition of different political groups united for a common goal, especially against fascism in the 1930s.