Which Is True of the Wilmot Proviso

question 36

Multiple Choice

Which is true of the Wilmot Proviso?

• A) Its passage into law nullified the Missouri Compromise.
• B) Democrats opposed it and Whigs supported it.
• C) Opponents of the measure organized the Free Soil Party.
• D) It was declared illegal by the Supreme Court's decision in the Dred Scott case.
• E) Response to the measure was determined by geography, with the North supporting it and the South opposing it.

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Definitions:

Compounded Quarterly

Compound interest that is calculated and added to the principal balance of an investment or loan on a quarterly basis, effectively increasing the amount of interest earned or paid each quarter.

Interest Rate

Interest Rate is the charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

Compounded Semi-Annually

Compounded semi-annually refers to the process where interest on an investment or loan is calculated and added to the principal balance twice a year.

35 Years

A period of thirty-five years, often referred to in the context of long-term investments or life events planning.