Between 1807 and 1819, Slavery Was a Side Issue in Politics

question 16

Multiple Choice

Between 1807 and 1819, slavery was a side issue in politics because of which of the following?

• A) All of the states relied heavily on slavery for their economic well-being and general prosperity.
• B) The slave importation ban effectively ended slavery as an institution and a political issue.
• C) The matched entry of slave and free states into the Union maintained the balance in the senate.
• D) It simply was not an issue that any of the political leaders of the time disputed.

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Definitions:

Allowance for Doubtful Accounts

A contra asset account that reduces the total receivables on the balance sheet by the amount estimated to be uncollectible.

Aging Accounts Receivable

A method of categorizing accounts receivable based on how long an invoice has been outstanding, used to identify potential bad debts.

Period of a Note

The duration of time from when a promissory note is issued until it is due for repayment.

Contract Date

The specific date on which a contract is signed or becomes enforceable.