Why Was the Marriage in 1469 of Isabella and Ferdinand

question 48

Multiple Choice

Why was the marriage in 1469 of Isabella and Ferdinand especially fortuitous for Spain?

• A) Isabella's dowry made Ferdinand the richest prince in Europe.
• B) Isabella was the heir of Granada, the last Muslim stronghold in Spain.
• C) Ferdinand's Aragon had ties with the Medici bankers of Florence.
• D) It combined Castile's proficient military with Aragon's economic power.
• E) It ended the feud between the Spanish crown and the Catholic Inquisition.

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Definitions:

Securitization

The process of pooling various types of contractual debt such as mortgages or loans and selling them as consolidated financial instruments to investors.

Transferred Receivables

The act of selling accounts receivable to another party, often for the purpose of immediate cash flow improvement.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.

Discounted With Recourse

A financing arrangement where the seller is liable to the buyer for any debts or obligations not fulfilled, with the key aspect being the discount given on future receivables.