Which of the Following Correctly Describes an Estate or Manor

question 50

Multiple Choice

Which of the following correctly describes an estate or manor?

• A)Estate labor involved slaves.
• B)Hired labor was never used as it affected the stability of the slave system.
• C)Landowners did not share any part of the estate with their labor force.
• D)Produce from estates-manor might be sold in the market place or consumed on the estate.
• E)Estates-manors were not a common part of the Early Middle Ages.

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Definitions:

Carrying Amount

The value at which an asset is recognized on the balance sheet after deducting accumulated depreciation or amortization.

Investment Account

A financial account held at a financial institution that is used for the purpose of holding and managing investments such as stocks, bonds, mutual funds, and other assets.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence over that company but does not fully control it.

Investment Account

An account held at a financial institution that is used to buy and hold investment assets, such as stocks, bonds, and mutual funds.