Most Indentured Servants Left Their Homes Because They

question 52

Multiple Choice

Most indentured servants left their homes because they

• A)were sold by their parents.
• B)hoped to better their economic and social position.
• C)were pressured by their governments to leave.
• D)were tricked and did not know where they were going.
• E)wanted religious freedom.

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, used to reduce the asset's book value over time.

Intangible Assets

Non-physical assets that provide economic benefits to a company, such as patents, trademarks, goodwill, and copyrights.

Issuance of Bond

The process through which a bond is created and sold to investors, thus raising capital for the issuer.

Financing Activities

Transactions that result in changes to the size and composition of the equity capital or borrowings of an entity.