What Was One of the Reasons the Colony of Georgia

question 2

Multiple Choice

What was one of the reasons the colony of Georgia grew?

• A)It became a joint-stock corporation.
• B)It was given to 21 trustees to oversee.
• C)Idealistic rules were abandoned.
• D)Rum was outlawed.
• E)It began to sell captured natives as slaves.

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Definitions:

Contingent Liability

A potential financial obligation that may arise in the future, dependent on the outcome of a specific event.

Reasonably Estimable

A term used in accounting to describe a cost or liability that can be accurately predicted or projected.

Contingent Liability

A potential financial obligation depending on the outcome of future events, not yet confirmed as a liability.

Future Event

A future event is an occurrence or situation that is expected or anticipated to happen at a later date, which can impact financial planning and decisions.