As a Result of the Battle of Yorktown

question 53

Multiple Choice

As a result of the Battle of Yorktown,

• A) Cornwallis retreated to Wilmington to await supplies and fresh troops.
• B) the French navy ceased to be effective.
• C) Parliament stopped all offensive operations in America and authorized peace negotiations.
• D) Cornwallis returned to England as a hero.

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Definitions:

Disbursements

Payments made by a business, including operating expenses, dividend payments, and investments in assets.

Trustee

With respect to bonds, an organization that ensures compliance with the conditions set forth in the indenture. With respect to bankruptcy, a person who administers the bankrupt organization to ensure funds are properly handled.

Restructures Capital

The process of altering the composition or structure of a company's debt and equity mix, often to enhance financial stability or efficiency.

Business Operations

The day-to-day activities involved in managing a business, ensuring it functions efficiently and profitably.