Why Did the Confederacy Establish a Cotton Embargo in 1861

question 27

Multiple Choice

Why did the Confederacy establish a cotton embargo in 1861?

• A) The Confederacy did not want any of its cotton exported to textile mills in the North.
• B) The Confederacy was trying to coerce Britain and France so they would intervene in the war on its behalf.
• C) The Union blockade prevented them from exporting cotton to European nations.
• D) The Confederacy needed its cotton more at home in order to make more uniforms and clothing.

Recognize the significance and implications of the type of indorsement on the negotiability of instruments.

Distinguish between bearer and order instruments and their respective requirements for negotiation.

Understand the conditions under which a holder can become a holder in due course (HDC) and the protections afforded to HDCs.

Comprehend the implications of unauthorized completion or alteration of negotiable instruments.

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Definitions:

Enslaved Woman

A female who was forcibly subjected to the condition of being owned by another person, stripped of autonomy and freedoms, particularly in historical contexts such as pre-Civil War America.

Half-Freedom

A term referring to a status granted to some slaves in the New Netherlands (now New York) area in the 17th century, allowing them limited freedoms under certain conditions but not full independence.

Manumitted

The act of a slave owner freeing their slaves.

New Netherland

A 17th-century colonial province of the Seven United Netherlands that was located on the East Coast of North America.