What Was a Result of the First Continental Congress

question 104

Multiple Choice

What was a result of the First Continental Congress?

• A) a rough draft of the Constitution
• B) the buildup of an arsenal in Concord, Massachusetts
• C) the Declaration of Independence
• D) the Boston Tea Party

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Definitions:

Opportunity Cost

The benefit foregone by choosing one alternative over another.

Cash Outlay

The actual expenditure of cash or cash equivalent for purchases or services.

Alternative Investments

Financial assets that do not fall into the conventional categories of stocks, bonds, or cash, including commodities, real estate, and hedge funds.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choice.