Which of These Does Not Describe the Ways in Which

question 21

Multiple Choice

Which of these does not describe the ways in which Americans responded to Jefferson's embargo?  

• A) The Federalist party gained new converts and was revived to fight it.
• B) New England threatened to secede from the United States.
• C) Farmers of the South and West were as adversely impacted by the embargos as their counterparts in New England.
• D) Southern states promised not to enforce the embargo and took steps to break away from the Union.
• E) Americans engaged in an illicit trade at the Canadian border and cursed it as "Dambargo."

---

Definitions:

Cash Dividends Per Share

The amount of cash dividends paid out to shareholders per share of stock, reflecting the distribution of earnings to shareholders.

Market Price

The current price at which an asset or service can be bought or sold.

Acid-Test Ratio

A financial indicator that evaluates the capability of a firm to settle its short-term obligations using its most readily convertible assets, not including inventory.

Year-End Balance Sheet

A financial statement that displays a company's assets, liabilities, and stockholders' equity as of the last day of the financial year.