Thomas Jefferson Proposed the Establishment of the First Central Bank

question 211

True/False

Thomas Jefferson proposed the establishment of the first central bank in the United States.

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Definitions:

Destruction of Subject Matter

The termination of a contract due to the accidental destruction of the contract's subject matter, leaving the agreement without a base.

Accidental Destruction

describes the unintentional damage or ruin of an object, property, or material, often due to unforeseen circumstances or events.

Auction Without Reserve

An auction in which the item for sale will be sold regardless of price, with no minimum bid set.

Bid Revocation

The act of withdrawing a bid before it is accepted, which can typically be done as long as the withdrawal does not violate the terms of the bidding process.