What Was the Purpose of the Navigation Acts

question 32

Multiple Choice

What was the purpose of the Navigation Acts?

• A) The Navigation Acts demanded the use of British ships for colonial trade.
• B) The Navigation Acts were supposed to enforce proper seamanship.
• C) The Navigation Acts designed to encourage competition among shippers.
• D) The Navigation Acts encouraged trade via land-based transportation means.
• E) The Navigation Acts led to improved road signs and directions for travelers.

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Definitions:

Rights

Entitlements or permissions, either granted by law or moral principles, allowing individuals to perform certain actions or to be treated in specific ways.

Holder in Due Course

A legal term describing a person who has acquired a negotiable instrument in good faith for value and without notice of certain defects.

Holder's Actions

Decisions or moves made by the individual or entity that possesses or controls a financial instrument or legal document.

Presentment

A demand for acceptance or payment of a negotiable instrument made upon the maker, acceptor, or drawee by or on behalf of the holder of the instrument.