Which Statement Is True About the Coming of Emancipation

question 66

Multiple Choice

Which statement is true about the coming of emancipation?

• A) President Lincoln declared total emancipation a necessity immediately after the Confederacy fired the first shots of the war in April 1861.
• B) Enslaved people helped to propel the United States toward emancipation by escaping to Union lines.
• C) The Radical Republicans opposed emancipation.
• D) Abraham Lincoln issued the Emancipation Proclamation even though he thought it was politically and militarily unnecessary.
• E) Most Democrats supported emancipation.

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Definitions:

Call Provision

A feature of a bond or other fixed-income security that allows the issuer to repay the principal before the maturity date, typically at a premium.

Bond Rating

A measure of the likelihood of default on payment of interest or principal. Ratings are prepared by rating agencies. The best known agencies are Moody’s and Standard and Poor’s.

Restrictive Covenants

Provisions in a contract or loan agreement that limit the borrower's actions, intended to protect the lender by maintaining the borrower's creditworthiness.

Call Provision

A clause in a bond contract that allows the issuer the right to redeem the bond before its maturity date under specific conditions.