The Navigation Act of 1651 Decreed That All Ship Masters

question 52

Short Answer

The Navigation Act of 1651 decreed that all ship masters and ____________________ of each ship's crew entering American waters had to be Englishmen.

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Definitions:

Market Value

The existing cost at which a commodity or service is available for buying or selling in the market.

Shares Outstanding

The total number of shares that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which may lower the stock price and make shares more affordable to investors.

Market Value

The present cost at which a service or asset is available for purchase or sale on the open market.