The Requerimiento

question 28

Multiple Choice

The Requerimiento

• A) established a code of laws to protect indigenous peoples.
• B) required Spanish colonists to convert, protect, and educate their indigenous serfs.
• C) obligated indigenous peoples, on pain of war, to acknowledge Spain's sovereignty and the supremacy of the church.
• D) proclaimed that indigenous peoples were slaves by nature.

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Definitions:

Total Liabilities & Equity

The sum of all financial obligations and owners' equity of a business, representing the sources of funding for its assets.

Common Size Income Statement

A financial statement that presents all items as a percentage of a common base figure, making it easier to analyze changes and compare financial performance over time.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating financial health.

Return On Assets

A financial metric that measures the profitability of a company in relation to its total assets.