While in Existence, the Second Bank of the United States

question 36

Multiple Choice

While in existence, the Second Bank of the United States

• A) was the depository of the funds of the national government.
• B) irresponsibly inflated the national currency by issuing federal bank notes.
• C) limited economic growth by extending public credit.
• D) forced an ever-increasing number of bank failures.
• E) was not a significant influence on the health and growth of the economy.

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Definitions:

Question Of Fact

A matter that pertains to what actually happened in a case, as opposed to a question of law, which deals with the application of legal principles.

Court

A judicial institution with the authority to resolve lawsuits, disputes, and interpret the law.

Judge

An official appointed to preside over court proceedings, either alone or as a part of a panel, and make decisions or judgments.

Balance Of Probabilities

The burden of proof in civil matters; the person making the claim must provide evidence to convince the court that there is a greater than 50 percent likelihood that the event took place as claimed.