Alexander Hamilton's Long-Term Goal Was To

question 14

Multiple Choice

Alexander Hamilton's long-term goal was to:

• A) build up the Republican Party's political power.
• B) assure that the United States would be a primarily agrarian nation.
• C) promote the power of state governments.
• D) make the United States a major commercial and military power.

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Definitions:

Forfeiture

The loss of property or rights as a penalty for wrongdoing, often related to criminal activity or breaches of contract.

Missed Payment

Failure to make a scheduled payment on a loan or other financial obligation by the due date.

Strict Foreclosure

A legal process by which a secured lender can take possession of the collateral property without the need to sell it, typically when the value of the collateral is less than the debt owed.

Satisfaction of Debt

Satisfaction of Debt is the fulfillment of a financial obligation, such as the repayment of a loan, thereby releasing the debtor from further liability.