What Action Did Great Britain Take Shortly Before the American

question 71

Multiple Choice

What action did Great Britain take shortly before the American declaration of war against that country?

• A) Great Britain increased its naval presence in the Great Lakes.
• B) The British announced a blockade of the American coast.
• C) The British changed the policy that had been the reason for American anger by reopening the seas to American shipping.
• D) The British navy sank several American merchant ships.

---

Definitions:

Consignee

The party or entity that receives goods for sale, storage, or transfer but does not take ownership of those goods until they are sold.

LIFO Inventory Method

"Last-In, First-Out" is an accounting method for valuing inventory where the most recently produced items are recorded as sold first.

Physical Inventory

The process of counting all physical merchandise or stock in a business at a specific time to verify the quantities on hand.

Consignment

A process where goods are sent by their owner to an agent for the purpose of sale, storage, or shipment.