George Washington's Selection to Lead the Colonial Army Was

question 12

Multiple Choice

George Washington's selection to lead the colonial army was

• A) based on recognition of his personal character.
• B) more for political reasons than for his leadership.
• C) based solely on military experience.
• D) opposed by New Englanders.
• E) done with no misgivings.

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Definitions:

Assets

Resources owned by a person or business, which are expected to produce positive economic value.

Transaction Demand

The requirement to possess currency in order to carry out daily financial transactions.

Medium of Exchange

An intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties.

Measure of Value

A function of a medium of exchange that allows it to serve as a common denominator to express the value of goods and services.