All Have Been Identified as Part of the "Military Revolution

question 49

Multiple Choice

All have been identified as part of the "military revolution" in the century after 1560 EXCEPT which of the following?

• A)The increased use of militias and volunteer soldiers
• B)Standing armies based upon conscription
• C)Increased use of the musket and bayonet

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Definitions:

Bankruptcy Liquidation

The process of selling off a bankrupt company's assets to pay off debts, typically overseen by a liquidator or bankruptcy court.

Unsecured Creditors

Creditors who have extended credit without any specific collateral, making them more vulnerable in the event of the debtor's insolvency.

Direct Bankruptcy Costs

Expenses directly associated with the process of filing for bankruptcy, including legal fees, accounting fees, and other related costs.

Corporate Default

Occurs when a company fails to meet its legal obligations or promises, especially regarding the repayment of its debts.