What Was a Result of the Sinking of the Lusitania

question 89

Multiple Choice

What was a result of the sinking of the Lusitania in 1915?

• A) The United States declared war against Germany a week later.
• B) Woodrow Wilson criticized the British for storing arms on the vessel.
• C) Germany declared war against Great Britain.
• D) Secretary of State William Jennings Bryan became more forceful with his push for war.
• E) The American public was outraged.

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Definitions:

Issue Price

The price at which new shares are offered to the public by a corporation during an issuance.

Effective-interest Amortization

A method of amortizing the premium or discount on bonds payable that reflects the periodic interest expense based on the bond's carrying value.

Interest Expense

Expenses related to the borrowing of money by an entity during a certain period.

Issue Price

The price at which a new issue of securities is offered to the public.