Which of the Following Is Not​  True About Liberia and Sierra

question 22

Multiple Choice

Which of the following is not​  true about Liberia and Sierra Leone?

• A)Both were colonies for free slaves.
• B)Liberia was an American colony and Sierra Leone was a British colony.
• C)Both were located in Africa.
• D)Both were established in the early 1800s.​
• E)None of these are correct.

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Definitions:

Face Value

The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.

Interest Rate

The percentage of a loan that is incurred as interest by the borrower, usually represented as an annual percentage of the outstanding loan amount.

Non-Interest-Bearing

Describes a financial instrument that does not generate interest income for the holder.

Promissory Note

A pecuniary promise recorded in a document, where one side agrees to pay a definite financial sum to the other, available either on demand or on a date in the future that has been agreed upon.