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:

Current Liabilities

Obligations or debts that a company is expected to pay off within one year or within its normal operating cycle.

Quick Ratio

A measure of a company’s ability to meet its short-term obligations using its most liquid assets, excluding inventory.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business’ normal operating cycle, whichever is longer.

Current Liabilities

Obligations that are due for payment within the next operating cycle or year, including accounts payable and short-term loans.