What Group First Turned the African Slave Trade into a Thriving

question 56

Multiple Choice

What group first turned the African slave trade into a thriving enterprise?

• A)Romans
• B)Muslims
• C)Catholic Spaniards
• D)Protestant English

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Definitions:

Contract Rate

A contract rate is a pre-agreed price or fee set in a contract for services or goods, which remains fixed for the duration of the agreement.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are traded in the open market.

Discount

A reduction in the price of goods or services offered to customers, usually as a motivation to encourage sales.

Discount on Bonds Payable

This term refers to the difference between a bond's face value and its selling price when the bond is sold for less than its face value.